MacroVoices #344 Alex Gurevich: A Deflationary Depression Lies Ahead
Macro Voices
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The Gold Market Is a Bullish Market and I'm Not Getting Excited About This Market
Gold hit the 55 day moving average on Tuesday and it seems like for now at least we're stalled out there that was at 1734. We need to see higher highs and higher lows before we can confirm a trend reversal so right now all I see is a promising bounce which I hope continues but frankly I'm not going to get excited about this gold market until I see it move above that previous high around 1827 or so.
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