Gold Bulls Gain Momentum
November 6th, 2007Gold has broken up and out of its 1 hour channel. The dollar is falling apart even more.
Via: Reuters:
Gold futures traded at their highest level in nearly 28 years on Monday, as renewed turmoil in the credit markets boosted the metal’s safe-haven appeal after Citigroup said it will have to write off up to $11 billion more in losses.
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