Gold - Panic Buying
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The gold bull
Gold continues surging, trading well above the break out levels. We are in overbought land, but as we all know, things can stay overbought for longer than most think possible...especially post powerful break outs. There is a big trend channel worth pointing out. Plenty more to go should we try the upper part of that channel. Not impossible given the extraordinary taking place (more here). After all, gold is the everything hedge.
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