February 12, 2025 - (Gold Market Wire) - The "rarified air" was a little too heady for Gold, and yesterday's action looks like a top out move. The push towards $2950 in Gold may have been a bridge too far - the ascent, just too vertiginous.

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The smart money, from the trade side, is now out of the market. It's time to hit the sidelines and re-establish our patient stance. This could be a 'standard' three month shake out. The Bull market has not ended. We will be looking for signs for re-entry points.

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