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Gold….Lowest Fear levels (GVZ) in 3 years going to be good for Gold?

Gold….Lowest Fear levels (GVZ) in 3 years going to be good for Gold?

by Chris Kimble | Aug 20, 2012 | Kimble Charting

CLICK ON CHART TO ENLARGE In 2008, when Gold was trading below $800 per ounce, the Gold VIX index (GVZ) was hitting 66, (fear was high, which was bullish for Gold), now its trading at less than 22. As Gold was hitting the Power of the Pattern’s $1,900 per ounce...

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