$1,300 Rejects Gold
Gold was stopped cold in its tracks today at the psychological round number resistance level of $1300. It had initially reacted to Ben Bernanke's comments, (which most market analysts and players viewed as dovish) by moving smartly higher. During the Q&A session which followed, gold was slammed lower by a wave of very strong selling.
Read Full Article>> http://newsdoors.blogspot.com/2013/07/1300-rejects-gold.html