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Thursday, August 31, 2006

Gold Poised For A Breakout?

Gold poised for a breakout? Traders in the Gold futures market have been lulled to sleep, as the summer doldrums continue. December Gold has been caught in a $25 trading range for the past 10 days, as both bulls and bears try to establish control. Currently, it's been a battle between speculators who are net-long Gold, and commercial hedgers who are short the market. Read More....