Video: Gold Prediction

Adam from MarketClub has released a new video on Gold. Since the high in early December 2009, GOLD has been trading up and down for past 5 months. Each time it makes a move higher, it was
met by resistance and GOLD fell sharply. There seems to be a resistance around $1160 range and currently GOLD is trading around that level. The video is telling us to be cautious as there could be another sharp move downward possibly towards $1100 or below. Key level to watch would be $1150.30 but this does not mean to short this market.

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