When we look at the gold market as I said, I thought if it fell it would make a run towards the 18-week average of closes. I think we'll see the answer. It's either going to make it or not.
Obviously, hot PCE indices drops it maybe potentially down there. Lower numbers probably kicks it back up. And as you can see, in the market right here, gold came down, and again challenged, this area that it's been holding ever since May, but you've made plunges into that area and each time, you've bounced away. Will this time be different?
Where's the battleground? I think it's crystal clear, it's the 18-day average of closes. You've gotten over it, didn't go anywhere, you got under it, you didn't go anywhere now which way if any can it break out and the Bollinger Bands are starting to go sideways to a degree because of that...
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LINN & Associates
Over the past 35-years Ira Epstein has developed a reputation for providing clients with easy to use technology and teaching good old fashioned trading know-how. A number of our brokers have over 30-years trading experience. No matter how technology changes the methods of entering orders, there's no replacement for having "been there and done that before". It's the blend of services that brings things together.
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Ira began in the futures markets in 1969. Over the years he worked his way up, starting from the ground up as a "floor runner" culminating with his becoming a Floor Trader. In the mid 1970s Ira decided to make a career shift within the industry to develop both retail and commercial based clientele. His customer base grew to the point whereby in 1984 he founded "Ira Epstein & Company", a trading firm specializing in retail, commercial and self-directed discount futures trading. Along the way Ira became a leader in trading technology out of necessity, due to increased small lot trade volume. He was among the first to embrace the Internet, which as you know has dramatically changed both the way information is delivered and how trading takes place today.
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