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Gold – Short Term Guidelines

Bob Hoye
Institutional Advisors
Posted Feb 24, 2010

Our technical assessment suggests that in the immediate future scalpers should sell into $1145- $1150 looking to repurchase under $1090. If prices move toward the more significant resistance around $1195 it would become a spot for short term traders to lighten up in anticipation of a 5% to 8% pullback.

(Click on image to enlarge)

Technical observations of


Feb 22, 2010
Institutional Advisors

Hoye Archives

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