What will gold prices do in the short term? There are four possibilities, but only one suggests that buying now is a good option.
A fast 11 percent correction over two days and then a sudden rebound to recover about half of those losses; that essentially sums up the trading action in gold over the past week. After rising relentlessly for seven straight weeks, the yellow metal finally saw a meaningful correction that took prices down by the most since December 2008..............................................Full Article: Source
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