Down 2% today, gold is now sitting just above its 200 day moving average which has provided strong technical support over the last several years. Below the 200 dma, the 1530 area represents an extension of gold's trend-line.
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For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.