Friday, October 5, 2012

Gold Holding Gains

Gold working out nicely. It went up today but slipped post NFP. Currently it capped by Nov-2011 highs. If its able to clear it, then its a free space and should be targeting 2000.

Technically, it looks bullish. MA looks like a strong support and every dip is BUY opportunity. Details [here].


Fundamentally, some analyst are calling for another bullish run in Gold basing their theory on QE3. Details [here] & [here].

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