is gold a goner, page-216

  1. 33,845 Posts.
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    Yep, a couple of unsuccessful assaults on $1600 now, so it's probably headed lower, big descending triangle panning out at the moment as well, which technically should see it breakout lower.

    The Indians appear to be weaning themselves off gold, the first quarter of this year saw a 68% slump in gold imports.
 
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