Gold Backing And Filling Before Breaking Above 200-DMA

As predicted, everyone started calling a top yesterday when the miners (Market Vectors Gold Miners (N:GDX)) corrected and all gold did was retest the triangle breakout. This will continue all the way up. Instead of just riding the trend, traders will be forced to try and pick a top.

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Courtesy of The Smart Money Tracker

Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.
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