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No More Subtleness – It’s Show Time!

by Przemyslaw Radomski, CFA
Gold Seek

On May 1st, we knew that the precious metals sector was starting a 2-week rally based on cyclical turning points, apex-based reversals, and True Seasonality for May. The rally is over, the profits cashed in… And growing once again thanks to the new short position. What’s in store for the rest of the month and the next few ones? Something epic.

Let’s start todays’ analysis with the two most important short-term reasons due to which the outlook for the precious metals sector just became very bearish.

Continue Reading at GoldSeek.com…

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