Gold: A Coin Flip at Best

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Two months ago, gold broke down, or so it appeared. Gold seemed prime to plummet as it broke out of its' symmetrical triangle pattern, however there has been no follow through after this technical breakdown, instead gold has buoyed around 1200, seemingly undecided if it wants to go back up or continue its' downtrend to fresh lows. At this point in time it is a coin flip either way. I will be staying out until Gold shows us what it wants to do.

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