Gold Pullback Normal – "Tech Speaking" w/ Jim Wyckoff

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Kitco News’ Jim Wyckoff talks about gold as it falls below $1,400 Wednesday morning on this edition of “Technically Speaking.” According to Wyckoff, the slide is due to profit taking from shorter-term traders and the marketplace is slowly digesting the potential U.S. strike in Syria. “The overall sense of the market place is that congress will get behind the President and probably at some point down the road lead to a military strike.” With regards to the coming months, Wyckoff is seeing signs of renewed interest in the “raw commodities sector” based upon positive economic data coming out of the U.S., the EU and China. Watch now to hear Wyckoff’s market rating and support & resistance levels for gold and silver. Kitco News, September 4, 2013.

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