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Gold Break-Out Time?

The FCS issued a buy on Gold (GLD) 1/12/07 at $621. The signal remains on a buy with Friday’s close at $663, up 6.8%  A buy signal for GDX occurred on 1/23/07. The signal remains on buy and is currently up 5.3%.  Let’s review the current FCS HUI chart:

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   The last major swing low in early January occurred precisely at the very strong supportive CV2 […]