From Kitco:
Gold has been trading in a compressed range all week but the yellow metal has a higher chance of breaking out to the upside than downside, said Todd “Bubba” Horwitz of bubbatrading.com.
“This compression torments both the bulls and the bears. Eventually, it’s going to break one way or the other and I believe it’s going to break to the upside, and I think all signs point that gold is ready to take off to the upside,” Horwitz told Kitco News…
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