Gold Hits 3-week Low

November 19, 2007

We’re officially into the first correction in a long time as gold falls below $780 an ounce. And to think, I sold some last week at $840. We’re quickly moving to a 10% correction mode. Then the question is what’s going to happen? Another 5% down, or sideways, or back up? If we knew that answer we’d all be rich! By the way, gold closed down $9 today!

Written by Ernie · Filed Under Gold News