Gold is breaking thru major support levels today. It has been weak over the last several sessions, but had been holding up. Today it is breaking down.
Take a look at GLD, the Gold ETF. It had been holding up at the 175 level. Today it is down 3.96 to 173.24. A break below 165 might start the end of the gold mania.:
Thursday, September 15, 2011
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