All signs point to upside for gold

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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.

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“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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Continue reading at Kitco…

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