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Is The Gold Market Now Set Up For A Spectacular Upside Advance?

from KingWorldNews:

With gold trading above $1,220 and silver near $17.50, it now appears both of these markets are setting up for massive moves to the upside. Included in the piece below is a key illustration as well as an important first target for the upside advance in the price of gold.

Below is top Citi analyst Tom Fitzpatrick’s key chart showing the breakout in gold along with his commentary which includes an initial price target for gold: “Gold is trading above good resistance levels and is in line to confirm a double bottom pattern that would target a 3.5% move higher.

Fitzpatrick continues @ KingWorldNews.com

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