Monday, January 23, 2012

Gold price touches 6 weeks high with technically positive outlook


Dollar prices to Buy Gold hit a 6-week high at $1677 per ounce Monday morning, as stocks, commodities and the Euro all pushed higher and US Treasury bond prices fell. "Near term technical have turned more bullish [for gold]," says the latest technical analysis from Scotia Mocatta, though it sees "psychological resistance looming at $1700." Continue reading on www.goldsilverwebsites.com

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