Gold Technical Analysis for April 15, 2011

Gold had an extremely bullish day today, breaking above the $1,470 level, and shows signs of being strong. The market seems that it wants to reach our first projected target of $1,500 before too long, as we are just about $20 below it. Because of this, selling is going to be near impossible as the bulls are firmly in control at the moment. (Source: http://ping.fm/SyJka

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