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Thread: Gold price north of $1,900 is a very real thing says this trader

  1. #1

    Default Gold price north of $1,900 is a very real thing says this trader

    Gold prices have been consolidating for a few months already, and the next breakout could take prices to 2011 highs of $1,923, this according to Peter Reznicek, head trader at shadowtrader.net.
    For me, the target just has to be the prior all-time high in 2011. Im just looking at the $1,923 level, that would be fine, and then reassess the situation from there, Reznicek told Kitco News.




  2. #2

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    Gold should open higher and close at least $25 and up tomorrow. I would be very happy if it goes up $100.

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