So, in gold, you’re up for the week so far: 1.82 percent. You can see you’re ahead $61 for the week. I mean, this is phenomenal. The all-time high close in the gold, basis this weekly chart, is $3444, so you’re $30 away. That’s not bad at all. The market, though, is one of these markets, that is trying to put in trading bottoms, and let’s take a look. You see it happening right here. You have the pattern of higher lows, higher highs.
This market, in all fairness, is going sideways ever since June. So, it’s got the power to do it. But would I tell you to buy over a Bollinger Band? I can tell you that I tell my subscribers: never. You wait for the markets to pull back in, and in addition, you’re in overbought territory.
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