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  • Gold Target for Week of October 26th

    Posted on October 25th, 2009 No comments

    Buy: $1049 | Stop: $1044 | Target: $1072 | Quick Target: $1065

    Gold is tightening up, which is a GREAT thing. It should eventually lead into a full break out but this week we might see some see-saw action between 1045 and 1070. I believe gold will make its run to $1100 sometime next week. At the very same time gold could make the approach to $1100 this week depending on what the currency decides to do. Watch the FX markets closely before making any rush decisions into gold. Happy trading!

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