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Email this article: Gold needs to reclaim US$1,700 for renewed buying, with breach of US$1,600 expected to cause liquidation
Posted: Sat April 21, 2012 4:49 pm
INTERNATIONAL. "Overall, the price action since the February high of US$1,790 has been quite weak," says the latest technical analysis from gold bullion dealing bank Scotia Mocatta.
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INTERNATIONAL. Pretend and extend died last night, hopefully it will be replaced with a normal business cycle, normal ebbs and flows, but first politicians will try to save face by trying to do just one more round of pretend-and-extend, but the patient has died.
dhgate