Buying Opportunity In Gold Before New Years Could Arise

Posted by Energy and Gold Ltd

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Gold is well on its way down to an important area of potential support around $1,000/oz, throw in potentially extreme CoT positioning (the next CoT report from the CFTC will be released Monday afternoon) and favorable seasonality from mid-December through late-January and the ingredients exist for a tremendous buying opportunity in gold arising during the next couple of weeks.