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Tag Archive | "uptrend line"

‘Wednesday sell off in gold too exaggerated waiting a session or so to buy’

LONDON (Commodity Online): Wednesday’s sell-off in gold was “too exaggerated,” said Edward Meir, commodities consultant with FCStone, although he also favors waiting a session or so to buy.

The decline occurred after remarks to Congress by Federal Reserve Chairman Ben

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‘Gold may decline further in early 2012′

LONDON (Commodity Online): After falling $ 350 an ounce from their all-time highs, Gold prices could see further weakness in the start of 2012, said Mike Zarembski, senior commodity analyst, optionsXpress.

“Not only has gold begun to lose some of

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