DailyMarkets.com - Gold Comes Tumbling Down: Is The Gold Rally Over? Should You Get Out?

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• Gold Comes Tumbling Down: Is The Gold Rally Over? Should You Get Out?
• Forex – USD/CAD Weekly Outlook: January 10-14
• International Junior Oil Stocks: How To Find And Play The 10-Baggers Abroad – Part 1
• Forex – NZD/USD Weekly Outlook: January 10-14
• Forex – AUD/USD Weekly Outlook: January 10-14
• Forex – USD/CHF Weekly Outlook: January 10-14

Gold Comes Tumbling Down: Is The Gold Rally Over? Should You Get Out? Posted: 09 Jan 2011 07:35 AM PST This past week we saw gold had its biggest two-day drop since February of last year ending the third longest streak of trading above its 50-day that the yellow metal has had since 2000. The first streak ended in 2002 with 124 trading days and the second in 2008 with 143 trading days. No bull market goes up in a straight line. What was the trigger? Could it have been investors rebalancing their portfolios for the New Year? Worries that an economic recovery will curb demand for the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Weekly Outlook: January 10-14 Posted: 09 Jan 2011 05:59 AM PST Forex Pros – Last week saw the Canadian dollar advance against its U.S. counterpart for a third consecutive week boosted by evidence of growth in the U.S. economy, Canada's largest trading partner. USD/CAD hit 0.9887 on Monday, the pair's lowest since May 30, 2008; the pair subsequently consolidated at 0.9933 by close of trade on Friday, shedding 0.08% over the week. The pair is likely to find support at 0.9887, the low of January 3, and resistance at 1.0033, the high of January 4. On … [visit site to read more] or compare Best Credit Cards and Best CD Rates

International Junior Oil Stocks: How To Find And Play The 10-Baggers Abroad – Part 1 Posted: 09 Jan 2011 05:54 AM PST What were the oil stocks that made me the biggest profits in 2010? It was junior oil stocks with international plays.  Companies like Xcite Energy (XEL-TSXv) that went from 62 cents to $6 last year with a heavy oil play in the North Sea, or TAG Oil developing their New Zealand asset, moving from $2 – $6.  The one big international stock I missed was TransGlobe (TGL-TSX) which went from $3.50 – $20 on drilling success in Yemen and Egypt. These junior international plays are often … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: January 10-14 Posted: 09 Jan 2011 05:33 AM PST Forex Pros – Last week saw the New Zealand dollar drift lower against its U.S. counterpart, retreating from close to a five-week high before trimming losses on Friday, following disappointing U.S. payrolls data. NZD/USD hit 0.7551 on Thursday, the pair's lowest since December 29; the pair subsequently consolidated at 0.7597 by close of trade on Friday, tumbling 2.07% over the week. The pair is likely to find support at 0.7548, last Friday's low and resistance at 0.768, last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: January 10-14 Posted: 09 Jan 2011 04:18 AM PST Forex Pros – After trading at parity for two weeks, last week saw the Australian dollar fall the most against its U.S. counterpart since November amid concerns over the economic impact of massive flooding in the state of Queensland. AUD/USD hit 0.9906 on Friday, the pair's lowest since December 20; the pair subsequently consolidated at 0.9956 by close of trade, tumbling 2.4% over the week. The pair is likely to find support at 0.9861, the low of December 20 and resistance at 1.0075, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Weekly Outlook: January 10-14 Posted: 09 Jan 2011 03:48 AM PST Forex Pros – The week beginning January 10 comes after one which saw the U.S. dollar rebound from a record low against the Swiss franc amid expectations that U.S. government data would show strong job creation in December. USD/CHF hit 0.9707 on Thursday, the pair's highest since December 20; the pair subsequently consolidated at 0.967 by close of trade on Friday, soaring 3.37% over the week. The pair is likely to find support at 0.9609, last Thursday's low and short-term resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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