Gold today broke the 200 Day Moving Average. In the Physical Gold business this is the most well established support level. This has remained unbroken for 2 and a half years. Physical Gold buyers are getting very excited. Gold Dealers are hoping buyers will wait until the price goes back up so that they can clear inventory they purchased over the last few months.
We notified our subscribers last week of the tendency for Gold to dip in mid December so we were well prepared for this and we have selected low risk trading strategies in our premium portfolio to profit from this. Now would be a good time to avail of a free trial for our premium alerts below.
A few days ago I wrote this.
"Physical Gold & Silver buyers here is the dip. Get ready to buy if you've been sitting on the sidelines. 17th December to mid February is the strongest time of the year traditionally. This is lining up to be the 11th year in a row."
Nothing has changed everything is as it should be. Gold is currently at $1603. We were selling down hard at $1900 and did very well now we are buying hard and accumulating from $1603.
Yours Sinceerly,
Robert McManus
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