Gold Trader: “With Today’s Positive Close, Gold Has Now Completed A Potential Trend Change”!

- Gold Trader: “With Today’s Positive Close, Gold Has Now Completed A Potential Trend Change”!
by Tekoa Da Silva, http://bullmarketthinking.com/, July 11, 2013
Following an explosive rebound in the price of gold this week, recent interview guest and technical trader Gary Savage, shared some powerful commentary Thursday evening to subscribers.
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Speaking to the last four days of gold’s price rise, Gary noted that:
“With today’s positive close, gold has now completed a four-day rule potential trend change. That is also coupled with a four-day corollary that occurred on the June 28th key reversal.
- All in all, gold appears to be in the process of reversing the coil pattern that we have been watching over the last two months on the weekly charts.
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