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Gold & ECU
posted on
Sep 21, 2009 11:24AM
Gold appears to be holding the $1000 level in spite of a strong day for the USD that now seems to be turning over. Silver is also rebounding nicely and ECU has retraced to the short term support range (mid-high $0.50's), as well as the 50 dma. If this holds, which I expect it to, it will set up nicely for another run at the 200 dma currently at $0.64.
