break of 50dma and downtrend, page-62

  1. 2,432 Posts.
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    I think Gold is lucky it didn't fall harder last night as the recent surge in Gold after the bad jobs data was all based on QE3. Bernanke gave no hint of QE so all experts predicting QE3 were wrong once again.

    Spain also got away a bond auction last night so it seems things aren't falling apart in Europe just yet.
 
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