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Gold is being ‘cleansed’ now, but $2,300 is still in the cards – Bill Baruch

Kitco News, Released on 11/24/20

As gold nears the $1,800 an ounce level, now would be a good time to slowly build a long position towards $2,300, which is still “in the cards” for 2021, said Bill Baruch, president of Blue Line Futures.

0:00 – Why has gold been falling?
4:00 – Speed round – long or short?
7:53 – Gold price trend
12:10 – Risk-on sentiment

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