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Jim Wyckoff

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Gold Market Bulls Are Snorting as Prices at 4-Month High

January 12, 2018 by Jim Wyckoff

February Comex gold futures surged to a four-month high Friday. Prices are in a steep uptrend on the daily bar chart and the bulls have the technical power to suggest more upside action in the near term. A weakening U.S. dollar index and rallying Euro currency are working to boost the yellow metal. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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