Chartists see gold scaling new peaks - By Atul Prakash

Gold will continue its bull run and gradually move towards an all-time peak of $850 an ounce in the next year, but the ride will not be smooth, chartists say.

Analysts, who predict future price movements by plotting past market performance on charts, say technical indicators have turned positive since last month with the metal's move to 28-year highs and the trend is likely to continue.

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Posted by Posted by Jewelry News at Thursday, October 11, 2007 8:04 AM
Categories: gold, Precious Metals
 

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