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    • etrade replied Aug 9, 2011

      Nothing last forever! Gold cannot continue this manner forever. Remember, it is the trade world, its behavior is against public belief. If everyone believes that Gold will only go up; then Gold will fall. Otherwise, everyone would be rich

      XAU/USD Spot Gold
    • etrade replied Aug 8, 2011

      I agree with the cycling pattern, but the recent concern appeared about the US economics will make the present (UP) cycle longer, as it will keep USD/CHF and USD/JPY bearish for more few weeks.

      XAU/USD Spot Gold
    • etrade replied Aug 8, 2011

      YES, Gold will go UP during 2011 and 2012 but NOT with the extreme speed it had during the past month and particularly today. It will slow down and go UP SLOWLY to $2000 in 2012.

      XAU/USD Spot Gold
    • etrade replied Aug 8, 2011

      Concern about the US economic discourage selling, but I also believe that there should be a downfall within a week or two. Though, nothing is predictable about this crazy gold.

      XAU/USD Spot Gold