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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 416.72+1.2%Dec 26 4:00 PM EST
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To: jimsioi who wrote (13495)4/29/2008 11:43:59 AM
From: Claude Cormier  Read Replies (1) of 29622
 
The weekly chart on GLD is showing a Head & Shoulders with the neckline at $86. If this is broken, a potential dive to a worst case $73 becomes possible, although unlikely. Stocks will likely bottom before gold as the H&S on the HUI has already been confirmed.
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