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While many traders seek instant gratification from their trades, the gold market has only recently offered that potential to traders betting on higher prices. In fact, the last few years could be considered a mind-numbing experience for traders trying to figure out this market. The gold market finally made its move higher in the last few months and this serves as a good example of how the markets can be complicated to read, but patience can sometimes be rewarded.
I’m going to run through my analysis on how the [[GLD]] market got to this point