Precious Metals Update 12/12/12 – Professional Edition

Gold is rallying this morning after rebounding from support, but it faces resistance at this morning’s high. This report gives the key technical parameters which would suggest whether gold and precious metals stocks are headed lower or will recover.

Gold first sold off after release of the jobs report, then rebounded after again holding at support this morning but intermediate cycles remain in danger of aborting an upturn. This report gives the key technical parameters which would suggest whether gold and precious metals stocks are headed lower or will recover.

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