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Sunday, December 18, 2022

Gold, Labor Shortages, Rate Increases; Musk: A Case Study

On the week, gold fell 10.50 [-0.58%] to 1800.20. All of the losses happened on Thursday. The candle print was mildly bearish, but gold remains above the MA50 and the MA200.  Gold does appear to have run into a little bit of trouble.  Perhaps this is hinting about a potential low in the buck? Open …

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