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2 Mar 2011

Gold tip for Commodity Traders

Gold has broken through resistance at $1420 and it is showing that it is going to advance to the levels of $1520. The middle east crisis is helping the precious metal to make a smart move and now it needs to be seen as metal is now retracing to test the new support level and if it finds the support at this level and if same is also corroborated byTwiggs Momentum (21-day) trough above zero which will help us to arrive at the conclusion that the winning streak in gold market will continue.

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