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Bullish scenario for the gold

iShares Gold Trust Shares of the iShares Gold Trust (AMEX:IAU)  
CapitalHubs  
AMEX:IAU   iShares Gold Trust Shares of the iShares Gold Trust
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Gold's triangle consolidation started in the beginning of July 2011 has come to an end after yesterday’s sharp rally and subsequent brake above important resistance level - $1640. This move is really important as price steps into new pattern which appears to be bullish for the precious metal.
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