Tips & Ideas 

Gold slumps again

We are currently waiting for any signs that the bears are becoming fatigued in the gold market, says Mark Sturdy at www.sevendaysahead.com

Having dipped to the Fibonacci projection target at $1,220, there is a risk that already-oversold gold could head lower still, with a big target at $1,082 and $1,014.60. Any rallies could run into trouble in the $1,323-$1,355 area.

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