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06/01/09
20:33
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Hello,
Gold has failed once again to break its downtrend on the 5yr chart, it is also broadening down not sideways in a sense.
I wonder if the big boys are playing it knwoing what is coming in March.
This will have a decent correction once another default comes up.
I don't want to sound like a domsdayer but it's has been a good trade now and then of late.
Keep an eye on those charts peoples. Maybe an inverted head and shoulders pattern with a sloping neckline which is trouble if it is sloping down.
Regards
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