1. The Politics of Debt » Gold retesting 1,000 and then… March 1, 2009 @ 5:27 pm

    […] exciting (yawn) move in gold. I mentioned a couple of weeks ago that gold was breaking up and was going to re-test the previous […]

  2. Raju March 29, 2010 @ 8:35 pm

    I always feel temptation for gold. Most human being would do the same. A nice poist.

  3. Ryan Cramer May 31, 2010 @ 12:17 am

    hi, nice content to read… looking forward for new posts from you….

Gold Correction Seems Over

Finance Comments (3)

Gold correction seems to be over and the spot price will be looking for a retest of 1,000 in the coming weeks.

As any other speculative asset we will have to see how it behaves at the previous high. Breaking above 1,000 will signal that higher prices are ahead. Failing to break above 1,000 will signal the beginning of a large flat correction with a channel between 1,000 and 700. However it is way to early to know for sure.

Franklin @ February 1, 2009

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