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Gold Hasn’t Acted This Perky in a Long Time
by Rick Ackerman
RickAckerman.com
December Gold has achieved a bullish target we’d been using for more than a month. Moreover, yesterday’s upthrust exceeded a prior peak at 1189.00 recorded in June, generating a brand-new bullish ‘impulse leg’ on the daily chart. We haven’t seen action this encouraging in bullion since January, and it would become even moreso if the rally continues just a little higher, hitting 1208 without correcting. For a more detailed analysis and a graphic illustration, see my current tout for December Gold. If you don’t subscribe, click here for a free two-week trial that will give you access not only to all of Rick’s Picks’ actionable trading touts and intraday updates, but to a 24/7 chat room that draws experienced traders from around the world.
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Source: http://financialsurvivalnetwork.com/2015/10/gold-hasnt-acted-this-perky-in-a-long-time/?utm_source=rss&utm_medium=rss&utm_campaign=gold-hasnt-acted-this-perky-in-a-long-time
