27 February 2008

New records are getting broken

Gold is currently at 958$ an ounce.

EUR/USD is now above 1.50, at 1.5124 at the close of Europe's stockmarkets.


After I wrote my last predictions about Gold last months, I looked again at the seasonality data and I realized that I had made a mistake. The seasonality peak was actually earlier than I thought.



But Gold is actually going higher even in the face of a weak season.

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