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March 18, 2012

GOLD: Extends Bearish Momentum, Sets Up For The 1,604.10 Level

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GOLD: Our outlook on Gold remains to the downside as it weakened for a third day in a row the past week. With that said, further declines is expected towards the 1,641.35 level. Below here will set the stage for further weakness towards the 1,604.10 level. We may see a respite here but if that fails... FF News: Technical

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