Gold Likely to Test $1,460 an Ounce Support Level

- May 17th, 2011

CNBC News reported that gold prices may stop their upward climb.

CNBC News reported that gold prices may stop their upward climb.

The market news is quoted as saying:

The key story with gold is the location of support. This will provide the base for a continuation of the uptrend, although the rate of the uptrend will be much slower as traders are required to carry larger margins.

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