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Thursday, February 17, 2011

Gold Market Update Feb 17, 2011 is now providing daily gold market and gold coin updates. Here below is a weekly chart for GLD the gold tracking stock. We see that gold has broken out nicely from the recent downtrend, and is nearing short term resistance. We should soon experience a retest of the breakout. If higher lows are established we should thereafter make new highs.

1 comment:

  1. Looking forward to reading your daily blog. You might have already read this, if not, it might be interesting to you: