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We have recommended our subscribers to take profits in gold. The market has accomplished the targets we have been anticipating with a bull market from $1,551 to $1,557. The market rallied into a new high of about $1,557 today so far.
We use the proprietary artificial intelligence of the Variable Changing Price Momentum Indicator (VC PMI) to trade the markets. As we came into this week, the price momentum was bearish because the market closed below the average price of $1,572. In activating that bearish trend momentum, it activated the target below of $1,538.