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#MarketWatch Premium: Gold plunged by nearly $100 in one week — and may sink even more

#MarketWatch Premium: Gold plunged by nearly $100 in one week — and may sink even more

And there doesn’t seem to be a buying opportunity anytime soon

Gold has been following a contrarian script over the past several months, including this past week when it fell by almost $100 per ounce.

Unfortunately for gold traders, that script points to lower gold prices in coming days and weeks.

Consider the average recommended gold market exposure level among several dozen short-term gold timers my…

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