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Re: Gold/Prepare for a Big Move

Looks kinda like a head and shoulders top formation there...a break below the neckline could bring on a swift $100 drop. If I had to bet (which I'm not doing currently, lol) I'd say that the big support in the 1250-67ish area gets tested near-term, with maybe an extra quick thrust below that thrown in to scare the crap out of the goldbugs and chase out the late-comers to the party.

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Re: Gold/Prepare for a Big Move