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October 10, 2012

Is Gold Topping off from the New 2012-High?

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New high; bearish divergence: Gold prices have made a new high for 2012, but barely. (old high: 1790.20, new high: 17905.80). However, there is some reason to believe that the gold market could be entering a consolidation or corrective period. The RSI in the daily chart has a bearish divergence with... FF News: Technical

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