Gold - 19th January 2011
Now that gold has dropped for the second time in quick succession below its 50 DMA since the August 2010 rally started, it'll be interesting to see if this level acts as resistance now. 50 DMA currently stands at $1383
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.