Gold is testing its support yet again... And will seem to do so with more frequency..The yellow metal is down 29% and it could get much worse. Gold hovered around $1200 an ounce but hit $1180 (was hit on June)... Should it break through this, it might get much worse..Investor's got burned when FED officials began to hint at scaling back central bank's bond buying programme. In fact, a similar pattern was observed for the S&P 500 before it dropped to 50% in 2002.
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