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World Gold Index at a new high of $1279.30 |
All of the technicals remain the same with one addition, the 50dma has crossed over the 100 dma. Another positive for the technical analysis crowd. The chart is in a typical bull patter with all of the moving averages in line from top to bottom: 15, 50 and 100. A new closing high was hit today at $1279.30, only $20.70 away from the $1300 level. Once hit, the news and financial stations will be reporting as the latest breaking news!
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