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Can Gold Continue to Rise?

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GCFOR-D 1-22-2014

 

We need a closing ABOVE 1305 to keep gold neutral right now. Additional key resistance begins at 1310, 1319, 1321, and 1326. It may prove to be very difficult for gold to rise beyond this seasonal high in the face of a very strong dollar. Caution is the word that applies to gold right now.