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Monday, 11/10/2008 9:57:53 PM

Monday, November 10, 2008 9:57:53 PM

Post# of 51804
Opty in Gold:

The consolidation in gold's sell off from the Oct '08 highs to lows is nearly done. The big question is... "has a triangle completed, or is the other half of a zigzag going to form before another wave of selling tests the 1 year lows?"

The answer is significant. If a triangle, then the wave of Oct '08 selling is corrective, and gold will challenge all time highs sooner rather than later; else, there will be better bargains.

http://stockcharts.com/h-sc/ui?s=$gold&p=D&yr=0&mn=6&dy=0&id=p75635173805

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