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First State Global Resources fund 796x489 |
UOB Gold & General fund 800x576 |
| UOB gold fund is overbought now. The question is what will it do next? Normally the price of fund will drop to lower channel. I believe technical analysis will not give the full picture of what gold will do next for now. The reason is Iran is holding the trumph card. Just ask Jim Sinclair UOB gold chart is produced using free charting software, FCharts SE while chart of First State Global Resources fund is produced using Amibroker |
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