Gold Is Still Being Stretched To The Brink, FOMC This Week

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Waiting on gold to turn this week as it has made a new low. Seems to be a pretty oversold situation on the long-term charts pretty much a straight down price chart since the election. FOMC meeting this week word on the street is that a rate hike is part of baked into the cake. Big week and hopefully gold will survive otherwise seems that even silver might be putting in a another weekly bearish flag. Be careful out there as markets are heavily manipulated since the election.

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