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Gold Continues Powerful Upmove


The GLD continues its powerful upmove to a recovery rally of 63.09. In so doing, the price structure has filled the remaining gap left behind during the Amaranth plunge -- beginning on Sept. 7 with the gap down from the Sept. 6 close at 62.85.

If the GLD holds its gains despite filling the gap, and closes above the gap, then we should expect upside continuation to my next measured target zone of 65-66.

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