GOLD: Relax and enjoy the ride
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| Topic: Gold — November 13th, 2006
Gold prices can move a long way upwards from their current levels so sit back and relax and enjoy what’s coming up.
We can see from the chart that gold is in a healthy position right now, sitting just above its 200 DMA and set for a burst northwards just when we think she’s taking a nap.
Hold and accumulate is our strategy at the moment as we grow more and more confident every day that we are in for the ride of a lifetime.
13 November 2006
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