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Near Term Risk for Gold Price

Near Term Risk for Gold Price

Jamie Saettele, CMT, Sr. Technical Strategist

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Gold is showing signs of failure at the 2011-2012 trendline. I believe that the major trend is up but a drop into 1270 would be a 'normal' correction.

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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