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roobin54

Gold

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GOLD TRADING: After performing an assertive rally on Wednesday, this precious metal began to slump lower overnight. The price of gold plunged by just over $11 per oz as soon as the commodity markets recommenced business a few hours ago.

 

At present, bullion is still slipping lower by toying with its lower Bollinger Band. Commodity specialists are now anticipating that gold will extend its losses further during today’s session. Consequently, execute a PUT binary option, constructed on this metal, if a clean break beneath $1.299.80 can be accomplished.

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Fiat money is diluting everywhere. If they are thinking on a future gold based international money, they would like the people to sell their gold before, and start with the lowest possible gold price.

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I am still bearish and i would be until it dont go in the $1000-$1250 zone...the zone is big though but in this zone it could be well a buy or call for any medium to long term holding period....

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I am still bearish and i would be until it dont go in the $1000-$1250 zone...the zone is big though but in this zone it could be well a buy or call for any medium to long term holding period....

 

I am bearish as well. The $1200 range is where I am stalking too.

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I am bearish as well. The $1200 range is where I am stalking too.

 

Short term upward correction may occur at the start of the week..overall still bearish...

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