Gold is down double digits, again, today. Over the last 30 days, gold is down approximately $60 or 4.3%.
None of this should come as a surprise to EPJ readers. We have been featuring technical analyst Abigail Doolittle, who first spotted some negative chart activity in late December and turned completely bearish in mid-January.
That said, this looks simply like a correction in a very powerful bull market.
How can you subscribe to praxeology and chart analysis at the same time? To me this seems like subscribing to chemistry while also subscribing to alchemy.
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