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| Gold Mining Company Search |
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| Gold Market Commentaries |
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| GoldLine.com:
May 24, 2013 - GOLD REMAINS RELEVANT AS PORTFOLIO "INSURANCE POLICY" -
As part of an overall diversified portfolio, gold does serve a role because some of these things are still real risks as we look forward over the next 12 months… When you’re at your best health, you’re feeling good, that’s the time when your insurance policies are actually the cheapest… [gold’s] been very volatile and painful on the way down but as a whole, a small
... Full Story
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| ScotiaMocatta:
May 24, 2013 -
Gold closed higher this week at 1388, paring back some of the losses
of the past 2 weeks. The move lower in gold intraweek, to 1339, was
just shy of the 1322 April low. The bearish trend is still intact, and is
not yet oversold in Relative Strength Index (RSI). RSI is currently at
30.15, with support down at 21.29, which was the low in RSI resulting
from the move down to 1322. Should gold breach the 1322 low, it
will open up 1155, which is the 61.8% retracement of the 2008 to
2011 uptrend. Resistance is at last week’s high at 1450.
......Full Story
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