By Commoditiesmansion.com – Commodities forecast: Technical analysis for gold using graphs and indicators Wednesday – April 20, 2011.
Let’s watch the video forecast.
Gold finally hit the $1,500 level today, and then fell back as traders took profits at the all-important psychological level. The day’s candle formed a doji, which shows we may have a pullback in the making. However, this will simply be a buying opportunity – just like all pullbacks for the last 10 years or so.
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