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<p>[QUOTE=&quot;Cloudsweeper99, post: 957733, member: 3011&quot;]I think the 200 day moving average for gold is around $1144.&nbsp; If the price closes below that level, then we all have to take a hard look at it.&nbsp; Right now it still looks like a normal, if scary, pullback in a bull market.&nbsp; But that&#039;s just a guess and should be treated as one.&nbsp; If the price holds, most of the weak hand should be out of the gold market and the trip to $1300 might not take as long as you think because there will be new buyers, but few sellers.[/QUOTE]</p><p><br /></p>

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