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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets.
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From: The1Stockman6/23/2014 2:32:35 PM
   of 1954
 
Gold has not broken down from this latest move higher, its been holding up good.

The top came in right above $1,320, ... as its been making lower highs in the past few days and into this afternoon. You can see what it needs to do in order to continue, the SMA's are still in order, but narrow. Below this chart is the EMA's


~~

We have some slack between the 20/50 and the 200-day EMA's, this gives Gold a bit more flexibility, a drop and close back below the $1,308/09 could move it yet lower.

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