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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Price Watch more

Gold price “targets $1,000″

Posted on 06 September 2013

If you have been following the gold price’s bumpy ride this year, two simple charts will tell you everything you need to know about the yellow metal’s prospects, writes Greg Guenther in the Rude Awakening from Addison Wiggin’s Agora Financial.
Gold futures are sinking this morning [Weds 4 Sept]. The gold price has dropped about $18 from yesterday’s highs, putting gold just below $1395. Gold has slowly trended lower over the last 5 sessions. Its price is consolidating just below $1425. So if you’re a fan of the rally off its July lows, you should be encouraged by this action………………………………………..Full Article: Source


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