Gold - 28th January 2011
Jan. 28, 2011 5:20 AM ET
Chris Swiss's Blog
4 Followers
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This is it...Crunch time.
Gold tanked again Thursday 27th January to below $1310.
Here are the facts...
Since Jan 2009 following the banking crisis of late 2008:
- Gold daily 150 DMA has not been breached. This level currently stands at $1313.
- Gold weekly 40 Simple MA has not been breached. This currently stands at $1286.
- Gold weekly 34 Exponential MA has not been breached. This currently stands at $1313.
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