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For gold, the proprietary Variable Changing Price Momentum Indicator (VC PMI) weekly indicators appear to be validating the expected correction into the levels of demand that were anticipated in our September 23, 2019 report. The market came down to make a low at $1465 on October 1, which activated the weekly buy signals, it then reverted back up to the mean of $1519, which was expected as of Friday, October 4th.
This action has activated a bullish trend momentum as we come into this week. It also confirmed a great deal of data that was