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  1. News in 60 Seconds! Gold/Silver Break out! ECB Holds Rates Steady!

    by , 09-03-2009 at 09:05 AM (News in 60 Seconds)
    Gold broke out to the upside as expected out of its daily triangle pattern. It will eventually reach its minimal price target of $1,170. Above $1.030 would be an "all time high".

    The media outlets will pick it up and run with it and could run it well past the minimal target as gold and silver are both thriving right now.

    Commodity currencies being helped today by gold's breakout higher: NZD/JPY, NZD/USD, AUD/JPY, largest % gainers on the day so far. EUR/NZD and USD/ZAR are the biggest % losers on the day on NZD and ZAR strength.

    Remember, Australia and South Africa are major gold exporters and benefit/profit when the price of gold rises. They "dig it up out of the ground" at ...
    รูปขนาดเล็ก รูปขนาดเล็ก Click image for larger version. 

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