Precious Metals Update 12/4/12 – Professional Edition

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Gold is below a key downtrend line this morning and intermediate cycles are 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.

While rebounding this morning, gold remains at risk of ending its intermediate cycle upturn. This report gives the key parameters to watch to tell if gold is in a bottoming process, or about to break down.

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