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The View From The Montana Log-Cabin as Gold Slips Back Below $1800

By Nigel Somerville | Sunday 12 September 2021


I had hoped that Gold might push through resistance at $1830-50 last week, but it did not – and the price slipped more-or-less all week to close at $1787 per oz, down from $1828 a week ago. The apparent resistance tells me that there is some way to go before there is enough market strength to push on higher to $1900 and beyond.

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