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Short Term Weakness Seen In Gold

posted by Avatar lytman02 465 days ago in Technical, Daily, Gold made popular 465 days ago

The price of gold of XAU/USD in the commodities market could be due for a correction in the near term. As you can see from its 4-hour chart above, gold has rallied nicely after hitting a low of $1,308.200 per ounce on January 28, 2011 after reaching a high of $1,423.69 on the first trading day of the new year. Gold was able to rebound from the said
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