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GDX Archives - Learn to Trade Options | #1 Options Trading Education
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GDX Archives - Learn to Trade Options | #1 Options Trading Education

Gold, Oversold

August 13, 2008

Gold is oversold, that’s the theme of this post. Through yesterday, gold has been down and down, almost everyday since hitting high in Mid July’08.  Attached chart has a simple technical analysis and both RSI and MACD are in the oversold area. Each time we saw this low, Gold rallied…

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August 13, 2008
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