Gold sitting quietly close to recent highs
Fri, Nov 6 2009, 01:06 GMT
http://www.forexlive.com
I've written the same thing a few times recently but it really is a bullish sign if a market keeps making impulsive new highs and then sits quietly close to those levels before taking off again. Gold is at $1092/oz and showing little sign of exhaustion. The futures players may want to sell but the physical players still want to buy.
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