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Gold is "precariously close" to a sell-off
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Tuesday, July 27, 2010
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From Hard Assets Investor:

We could be in for some big doin's in gold.

Last week, it seemed as if bulls and bears were merely trading punches as spot metal vacillated between $1,200 and $1,180. Despite the apparent draw, some real damage was done to gold's momentum.

Bullion ended the week as it started — with short selling. Friday's short selling, though, was a lot more aggressive...

Read full article...

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Topics: Gold | Commodities
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