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Author: Scott Redler

No Compelling Setup

By: Scott Redler After two harsh down days, traders were hoping for a gap down into important support to make it a easy scoop long. 1085ish was the level I was hoping to buy with open arms considering we were just at 1131...

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Was that the Right Shoulder??

By: Scott Redler Sometimes it’s hard to look ahead but you always need to have a plan. We tried to outline the potential head and shoulders pattern before it developed on June 3rd. The potential “right shoulder” was...

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Take It Easy on Witching Friday

By: Scott Redler Market has had a very impressive move off the recent support lows at 1040-1050. We have been consolidating in a new upper range for the past few days of 1100-1116. I stated a few weeks back that I think the fix...

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Gold to Go Parabolic (NYSE:GLD)

By: Brandon Rowley   Gold is shaping up for a parabolic move into new all-time highs. US gold futures closed just under previous all-time intraday highs of $1,253.90 for the highest all-time closing price. I am locked and loaded...

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Gold Bound for New Highs

By: Scott Redler and John DarsieGold has been a hot topic for investors and traders since 2008, when fears of a global financial collapse sent spot gold prices above $1,000/ounce for the first time ever. From early 2008 to the...

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