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Chris comments: Last week we published an interesting chart (shown below) reflecting that gold was at the end of a rising wedge and up against a Fibonacci time sequence (144 days) that could indicate an impending reversal.
The Gold ETF GLD looks to be making an initial solid break of support in the rising wedge. GLL and ZSL should do well if you feel the break is a real deal and want to score on defense.
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