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Archive for 25/11/2010
Some cause for caution
25/11/2010 by Philinje.
Mostly it seems that cycles are suggesting gold may bottom this week and then head higher into next year.
However, there are technical signs that warn of a possible drop in gold, and some folks see little relevance in the fact that gold moved up due to Euro weakness this week.
I don’t know. My view is that gold recently achieved a new all-time high due to panic in Euroland. And most Americans wouldn’t be aware of that.
Anyway, here is an article urging caution:
Posted in Gold | Print | No Comments »
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