Gold and silver
rose aggressively overnight.  As I
forecast, gold challenged resistance at the $930 level and pulled back after
reaching as high as $929.30 on the key contract.  Gold is likely to consolidate the gains between $900 and $930,
but once it makes a breakout above $930, it will be challenging minor
resistance at $940.  Once it breaks out
above $940, Standard Bank analysts say it will be off to the races on the
upside. 

 

Dow Jones Wi…

Original Post By Google News by Joe Battaglia

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