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Cash gold is right at an important downtrend line. It has broken it,
but not yet "decisively". The RSI 14 on the XAU is right at 50. In a
Surrogate Group I built of Fid Sel American Gold, On Bal Vol and Money
Flow are favorable. Some money is flowing in.
I put my big toe in last Monday and the whole foot will go with a
little more encouragement. I do think it is a Bear Market bounce, but
it could be profitable. Any thoughts?