Feb 12, 2013
Gold tumbles below $1650 and 200 day SMA
With gold's Feb futures contract already expired and now looking at April's one next, the precious metal has tumbled today a -1.14% since previous weekly close Friday, or $20 cheaper, from the $1667 mark it dealt all past week long, making a doji candle in its weekly chart. Breaks at the same time below 200 day SMA last at $1664, while trading at the moment at $1648, off fresh 5-week lows at $1643.
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