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Re: This is for KTC - I think... 

By: Decomposed in FFFT | Recommend this post (1)
Wed, 24 Aug 11 10:31 PM | 45 view(s)
Boardmark this board | Food For Further Thought 		Msg. 32085 of 65535
(This msg. is a reply to 32082 by oldCADuser)
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Any good gold correction should get gold down to at least the 50 DMA. A big correction can reach the 200 DMA. Here is where they currently stand:

50 DMA: $1623
200 DMA: $1475

Of course, they will both move up a little before they are actually hit.

My vote is for the 50 DMA, which I think will be around $1650 by the time it is actually hit.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:
Re: This is for KTC - I think...
By: oldCADuser in FFFT
Wed, 24 Aug 11 9:27 PM 		Msg. 32082 of 65535

Gold's now down over a $100.

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