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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 368.78

+0.2%

Nov 3 4:00 PM EST

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To: GROUND ZERO™ who wrote (29517)	6/1/2015 4:08:08 PM
From: Ron Struthers	Read Replies (1) of 29622

GZ, agree all rallies in Gold bear bounces thus far. It looks like we may have bottomed but stuck in a sideways market. Quite a ways off for any sign of a new uptrend. Near term catalysts I am watching in gold is perhaps new demand from BitGold and Apple Watch and a roll over in stocks and bond markets. Central Banks keep buying but we need investment demand to return. I am more comfortable that the Gold stocks have bottomed. Ideally they form a new uptrend before gold?? I think the S&P may be forming a head and shoulders top, only time will tell. I like to short ALK, Alaska Airlines when I go short

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