Oil May Be Leading Gold

Aden Forecast
"Gold has turned volatile...it remains very strong above $890 basis April. Considering that oil closed down to its low for the new year today while the U.S. dollar is stable, it may be leading gold. If gold closes below $890, it could fall to $850 and still be strong. Below $850 would mean a clear D decline is underway." (2/6/08)

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