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Gold breaks back up through $1,800 – but for how long?

From sharpspixley.com

I waited to see if there was any immediate setback in North American markets after gold broke back up through $1,800 this morning in European trade. So far so good with the gold price at $1,810 as I write, but it’s still a long way short of last August’s peak. Silver was also trading higher while platinum, which has performed particularly strongly so far this year, was flat and so was palladium – these two being the most industrial of the precious metals. Every time so far this year that gold appears as if it might be breaking upwards above its most recent trading range, it has been brought down sharply – largely ... (full story)

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  • Category: Fundamental Analysis