28.11.2012 - Gold prices experience a 'v' shaped bounce
For those taking close interest today (November 27, 2012) there was an interesting move in gold prices as the below chart shows. A 'V' shaped bounce of some $35.00 or so just before the close must have given a few gold bulls a real scare. Gold dropped briefly below $1720.00, so we can only imagine that someone has made a rather fortuitous purchase at this level. However, if this sudden drop had occurred a few minutes later, then we would have had a dramatic closing price for today's trading session in New York...............................................Full Article: Source
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