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October 15, 2012

Gold Slides Below Failed Wedge; Silver Completes Double Top

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Failed Wedge: Gold has been stalling its rally since testing the 2012 highs around 1790. After breaking to 1795.80, it appears gold may have topped off, or is at least in an apparent consolidation. The daily chart shows the precious metal priced in USD forming a rising wedge. However, it failed to... FF News: Technical

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