19. Those are fibonacci retracement lines of the move up from 1045 to 1266. We’ve retraced 38% of that move. The bottom line is that 1180 is both a trendline and a key Fibonacci buy point. Add in the fact that gold often bottoms in july, and the $88 sale price fact, and you have four very simple reasons to buy some gold now. Four very solid reasons to buy some gold now.

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