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MacroVoices #311 Jim Bianco: Has the Fed Signaled a Policy Error?

Macro Voices

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Is This a Bullish Breakout?

Gold broke out of its 50-week moving average in early July. The market has been unwinding the overbought state that it was in with this a break out. It really looks to me like the price action from the summer of two thousand 11 through the summer of 2,000 20 could be the cup in a cup and handle formation.

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