Will Gold Retest $1180? Helicopter Ben Say So?

Posted on Posted in Daily Blog Post

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The fear of Q.E. Tapering and Rising interest rates drive gold through the support at 1259 and 1252. It also helps to strengthen the U.S. dollar. It is signalling the continuation of the primary down trend and more drop may come in the next few weeks. Will 1180 be retested and hold strong? We will know in the fullness of time.

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