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Gold And Gold Stocks Rebound

10/03/2022

Less than a minute

2022.10.03 05:57

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Jordan Roy-Byrne, CMT

Last week the broke what I consider the most critical moving average, which is often a signal for secular trends. Although the S&P broke that average and fell to a new low, rebounded and and gained 7.5% and 9%. The question is if gold and gold stocks can continue this rally in the face of a potential plunge in the broader market.