Time to have a watchful eye on the precious metal. We have a large and solid consolidation pattern at the moment which has been over 6 months in the making in Gold. We have seen the beginnings of a break out whihch could see a very solid run in both the physical commodity and gold stocks that are nicely leveraged to any upside movement in price.
Watch very closely , that $USD1000 level will be broken and a $USD1200 to $USD1300 target is easily achieveable.
Thursday, September 3, 2009
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