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Gold Stubbornly Higher

By Jamie Saettele, CMT, Sr. Technical Strategist
31 August 2010 17:30 GMT

Gold_Stubbornly_Higher_body_DT831gold.gif, Gold Stubbornly Higher

Gold is making its way lower in an impulsive fashion. The first 5 wave decline ended following a terminal thrust from a triangle. The rally is in 2 equal legs, common for corrections, and may be nearing completion. 1252 is potential resistance.

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31 August 2010 17:30 GMT