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Thursday
Sep222011

Gold Breaking Down?

DateThursday, September 22, 2011 at 09:28AM

Gold is down more than $70 this morning, pushing the metal below its 50-day moving average for the first time since July 6th.  Its next level of support is at $1,707 (it's trading at $1,734 now), which was its intraday low on August 25th. 

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