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Gold on the verge of major breakdown
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Tuesday, April 07, 2009
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From Bespoke:

With a decline of 3% today, gold is on the verge of testing its 200-day moving average for the first time since early January. With the exception of a one-day spike on the day the Fed said it would buy US Treasuries (3/18), gold has pretty much traded down in a straight line...

Read full article (with charts)...

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Topics: Gold | Commodities
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