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Thursday, March 4, 2010
Gold Market Commentary For Thursday Evening
April gold futures closed down $10.40 at $1,132.90 today. Prices closed near mid range today and were pressured by profit taking amid a stronger U.S. dollar index and weaker crude oil prices. No chart damage occurred today and prices are still in a four week old uptrend on the daily bar chart.
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Labels:
chart damage,
futures,
gld,
gold,
stochastics,
U.S. Dollar
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