Near-Term Outlook For Gold & Gold Stocks

Gold closed the week at $1312 but has downside risk to $1290-$1300 with strong support at $1265.

Gold closed the week at $1312 but has downside risk to $1290-$1300 with strong support at $1265. Gold Stocks have already discounted this weakness in Gold and could reach an oversold extreme over the next week or two.

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