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  • Gold Target for Week of June 29

    Posted on June 28th, 2009 2 comments

    Signal: Neutral Buy

    Buy: $936 | Stop: $931 | Target: $947

    Gold seems to be in a short term up trend right now and the dollar seems to be stretched out. I don’t think we are going to see $930 this week, if we do, my analysis is way off. My weekly target is $947, but if we can break that $950 mark I’m going to make a strong buy signal and reset my target to $985. Happy trading everyone!


     

    2 responses to “Gold Target for Week of June 29”

    1. agreed. i think we rise until 3rd week of july (armstrong turns there) and then sell off into may. main market following metals. fwiw, dydd this is all imaginary.

      -keep up the blog, i like it.

    2. Rather interesting. Has few times re-read for this purpose to remember. Thanks for interesting article. Waiting for trackback

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