Gold traced an ABC down to nearly the exact pivot point at 664.30 basis cash on Net Dania.I was suggesting in our live room that the correction and bump was not enough of a correction.
A closer look showed an extreem over sold, (outside the bolband), a hit on trendline support and the pivot touch produced an intra-day buy for me.The CCI indicator also reached an over sold point.
NOTE: go to howestree.com
and listen to Bob Hoye.
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