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Recapping the moves this week in markets and gold

Cory
November 23, 2021

Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins us to recap the news of Powell remaining the Fed Chairman and related market moves. We focus on the pullback gold that is now flat for the month.

 

 

 

Click here to visit Joel’s website – PreMakret Prep

Discussion
7 Comments
    Nov 23, 2021 23:12 PM

    GLD and GDX both reached two month uptrend support today.
    https://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=1&dy=0&id=p65811158161&a=1069175831

    Reply
    Nov 23, 2021 23:25 PM

    The Canadian dollar is also due for a low and today might have been it. If so, it should be a good sign for the miners.
    https://stockcharts.com/h-sc/ui?s=%24CDW&p=D&yr=0&mn=8&dy=11&id=p65998404582&a=1065600101

    Reply
    Nov 23, 2021 23:32 PM

    Gold will backtest the broken downtrend resistance since June if it hits 1770 (which now looks likely)…
    https://stockcharts.com/h-sc/ui?s=%24GOLD&p=D&yr=0&mn=8&dy=0&id=p04048896980&a=993652669

    Reply
    Joe
    Nov 23, 2021 23:33 PM

    POOF!
    Over a month of gains gone in 3 trading days.
    Just like that…. smoked.
    So easy to pick the pocket of PM enthusiasts.
    Like shooting fish in a barrel.

    Reply
    Nov 23, 2021 23:19 PM

    Otto (IKN) on Fortuna and Roxgold.

    Roxgold shareholders lost 27.9% by now. He sees a class action suit coming

    https://iknnews.com/fortuna-silver-fsm-fvi-to-is-wide-open-to-a-class-action-suit-from-ikn562/

    Reply
    Nov 23, 2021 23:41 PM

    Fools, it’s not the Biden administration running AUNFF

    Reply

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