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Wednesday, December 08, 2004 8:10:23 AM
Feb '05 gold futures contracts:
Live chart (Feb '05 gold):
If the parabolic trend were broken, then the absolute max pain line at 435 would act as major support in a climactic pullback. My next upside target is 482, at which would be a sell spot or take some off the table spot for a pullback, not here under 450!
Volatility in gold will be great to close out the month and to start '05.
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