Gold May Advance as Investors Buy After Decline, Survey Shows (GC in Bloomberg)

30 December 2009  Bloomberg.com

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“Traders may deem the extent of the recent sell off excessive and begin tentatively buying the dips again,” said Mark O’Byrne, executive director of brokerage GoldCore Ltd. in Dublin. “Those with more long-term timeframes realize that the fundamentals driving the gold market remain sound and there will likely be buyers at these levels.”

http://www.bloomberg.com/apps/news?pid=20601116&sid=aJ4Fonx4IEk4