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Monday, October 3, 2011

Gold

Here is the Gold update ( previous update here: http://www.sgtraderclub.com/2011/08/choice-of-etf.html)Gold ETF( GLD 10US$) listed in Singapore currently trading at 158.9 USD, dropped 10c today.

The major support is at 150.8, major trend is up, I still consider the current huge drop from nearly 200 till now as a retracement in a uptrend as long as the uptrend channel in tact.

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