We gave a advanced view on GOLD@
Date 16th Aug 2013......Gold was trading around $1360/oz
http://moneymystery.blogspot.in/2013/08/goldwhen-it-can-correct-again.html
What we expected@ We expected Gold to hits level of upto $1428/oz and expected it to correct heavily from there on.
It hits intraday high of close to $1433.50/oz on Aug 28th however closed below at $1413/oz where we said that it get further strong only above $1428-1430/oz closing in my 16th Aug article.
Date 16th Aug 2013......Gold was trading around $1360/oz
http://moneymystery.blogspot.in/2013/08/goldwhen-it-can-correct-again.html
What we expected@ We expected Gold to hits level of upto $1428/oz and expected it to correct heavily from there on.
It hits intraday high of close to $1433.50/oz on Aug 28th however closed below at $1413/oz where we said that it get further strong only above $1428-1430/oz closing in my 16th Aug article.
Gold currently at $1312/oz corrected almost around $120/oz.
Technically closing below $1310/oz will make it further weaker where on the downside it could see level of upto $1257/1225/oz
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