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<p>[QUOTE=&quot;desertgem, post: 957758, member: 15199&quot;]Quite a few of the &quot;heads&#039; on CNBC ( including some that have been fairly positive on gold before) now say they have gone short, first, as a deflationary measure, and now they say an expected reallocation to equities in the next few weeks can put more pressure on PM. Many technicals look closely at the 200 day MA, Take that out and I think 1100 area is the next resistance level ( floor or ceiling, I have absolutely no idea). IMO![/QUOTE]</p><p><br /></p>

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