sp'60min
Summary
*Gold is set to open above the 200 day MA, for the first time since Jan'2013. With the miners having also closed above the 200 MA twice this week, it is a very important week for the gold bugs out there.
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*Awaiting a trio of econ-data this morning.
Equity bulls should be content with ANY close >sp'1815 (weekly 10MA), and that does appear likely. I certainly can't see a sig' daily decline today.
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Notable early mover: UGAZ +5.6%
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Video update from Mr Permabull
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Its almost the weekend everyone..a 3 day weekend.
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9.37am..minor index chop...but look at the real action..in Gold/Silver..and the miners!
GDX +2.4%, with Gold +$16