Major Buy Signal in the Precious Metals Sector in the Next 2

Major Buy Signal in the Precious Metals Sector in the Next 2 – 3 Weeks

Posted by Toby Connor, GoldScents

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It’s been my opinion for the last several weeks that gold formed an intermediate degree bottom on December 31. That being said I’m still a bit nervous that the sector could suffer another manipulation event (like the flash crash two weeks ago) so I haven’t been willing to enter a firm long position just yet.

However there are definite signs that this bear market is probably over. The large momentum divergences on the weekly charts are one.

….read and view more HERE

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