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By Brad Zigler

There’s a lid on the gold market weighing down prices at the $1,127 level. That price should ring a bell with traders in the soon-to-expire February COMEX contract. That’s the midpoint of a runaway gap…

The S&P 500 closed at 1126 this week — 5 points over the 1121 level.

Why is that significant? Because 1121 marks the midpoint between the index’s 2007 peak of 1565 and its 2009 low of 676. If you prefer to…