The gold markets fell today, but have found buyers in the latter part of US trading. The $1,500 level has held intact, and looks fairly supportive. However, it must be said that this level looks like the market may have gotten a little ahead of itself and could be overextended. Selling gold only brings financial pain, as it only goes up in the long run. Buying on the pullbacks, especially to $1,475 or so is recommended.
Originally posted here
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