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My Conclusion
Gold is nearing a breakout advance. The Euro is nearing a major low and the dollar a major high.
If this is the case, gold should probably not trade below the Jan. 2 low, although only a trade below
the Nov. low would void this probable bull outlook.
I like to present all the data I look at so you can make your own decision.
I think we are days, possibly a few weeks, from a confirmation of this outlook. Well keep you up to
date in our regular reports of any technical or chart signal that helps to confirm or invalidate this
outlook.
The immediate outlook for gold, silver and the XAU is for a potential daily/weekly high. We can
ignore the compelling immediate technical position. See our regular written and videos reports for
more on the immediate position of these markets.