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Categories:Gold / Gold Stocks
11:17am- Sprout Social (SPT) keeps setting up nicely above support and chewing thru resistance.
7:40am- A new $2044 price target for gold has been added, see the first chart. From there, it looks like a correction into the $1700%27s would be on deck. Silver may test $26 again, but don%27t think there%27s enough stream this run to hit $35, an outside narrow chance. Also added a QQQ chart with a generous $325 target. Flash sale ends at midnight.
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7-31-20 As GDX could still reach $50 in this cycle, gold could cross resistance as well. RAISING CASH IN GOLD MEANS TAKE SOME PROFITS, KEEP A STRONG CORE POSITION. DO NOT SELL THE ENTIRE POSITION, JUST SOME. That profit gets redeployed during the next down cycle.
7-28-20 RAISE CASH for the pullback. There%27s a chance it could be shallower, like $1800 instead of the Thirdeyeopentrades projected $1600-1700 zone.
7-13-20 Bob Hoye sees a potential peak for gold around July 24th. Support at $1760.
7-8-20 Gold has launched into the $1800"s, target $1900.
6-29-20 Gold broke out of its channel "chop zone" consolidation as it sets sights on the $1800"s.
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