Gold Completes Golden Cross

Gold Completes Golden Cross

For the first time in 13 months, gold’s 50-day moving-average is above its 200-day moving-average. This so-called “golden cross” occurred in Feb 09 before gold surged over 100% in the following years (but also occurred ‘falsely’ in September 2012.

Some technicians are reflcting on the last big run that gold had…

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