Gold Ready to Attack the 700 Level

Dow Theory Letters
"...A rise to 69 would represent a very bullish upside breakout, and would put gold in line to attack the 700 level for spot gold. Rising oil prices are bullish for gold, and now is the time to keep our eyes on the gold exchange traded fund, GLD. The target is 69.00. GLD closed Wednesday (7/25/07) at 66.35."(8/01/07)

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