Gold: Don’t Bet on a Rally Failure

09/16/2009 10:30 am EST


Thomas Aspray

, Professional Trader & Analyst

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Gold has been consolidating since last week's sharp rally and some are expecting a rally failure at these levels like we have seen in the past. This is not suggested by the technical action as the completion of the daily triangle and higher highs in the OBV favor a further strong move to the upside.

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