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Darren Heathcote quotes

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    I Like this quote I dislike this quote“The funds are still happy to play around at these levels. They expect us to look to test the upside a little bit but I don't necessarily at this stage think we are going to do $500.”

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    I Like this quote I dislike this quote“We've seen gold break the correlation with the dollar in recent times. We saw gold strengthening even though the U.S. dollar was strengthening.”

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    I Like this quote I dislike this quote“There was a significant drive in Japan in recent weeks. People are very happy to be jumping on the bandwagon and basically riding the thing up.”

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    I Like this quote I dislike this quote“At the moment the mood is still jubilant.”

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    I Like this quote I dislike this quote“People will be eyeing $450 as the target. It may not be today. It will be very quiet in the States.”

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    I Like this quote I dislike this quote“There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy.”

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    I Like this quote I dislike this quote“If we sustain this break for the duration of the day, then I think we will be looking to test $495 again.”

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    I Like this quote I dislike this quote“There's some profit-taking now, but look at where we are. It's broken $520, the target we had yesterday ... looks like $525 is the next target.”

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    I Like this quote I dislike this quote“It's dizzy high, and we're looking at a very overbought market. We're looking for a correction. It has to come at some point. However, given where oil is, it may well give some support on the downside.”

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    I Like this quote I dislike this quote“We are still in an upward trend. The fundamentals are still in place but I think we are having a bit of a shake-out.”

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