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Comment: XAU's long term cycles appear to be bottoming. Intermediate cycles are down but a low is due before year end, with downside to about 50. The next intermediate up cycle could carry to the 70 area. This is for informational purposes only, and is intended to illustrate a cycle analysis chart. The indicators are constructed with standard tools in the Metastock software.  Disclaimer: This forecast could be wrong. In fact it probably is. You're on your own, Buddy.

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