GOLD
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0.51% $1,391.7 gold futures

xgd solid bounce, page-2

  1. KnuckleSandwich
    2,432 Posts.
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    02/05/12
    12:27
    Post #: 10120811
    It was a concern last night that Gold tried to make new high's but couldn't hold the gains. IMO this indicates the current rally, pathetic as it is, has run out of steam and Gold is headed lower.

    As far a XGD stocks turning around this just probably reflects the dead cat bounce of NCM over the last few days. Gold stocks are still in a downtrend.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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