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"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Tuesday, February 14, 2012
Nominal Gold tests support
Maybe it is just me, but the situation looks simple, technically. Au should hold 1675-1700 or else open up further negative possibilities. But the thing is, that is a pretty good looking support zone. I know everyone is getting negative again, but maybe we should just wait to see how Au behaves as it tests this zone?