Gold Still Glitters

07/15/2008 12:00 am EST

Focus: COMMODITIES

Thomas Aspray

, Professional Trader & Analyst

We last looked at August gold on 6/30 (see arrow) and the retest of the trend line last week was a good buying opportunity. No signs this leg up is over so $1000 could be tested. HPI uses volume and open interest and looks strong confirming the price action
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