Gold Could Fall to $1,295 in Short-Term says Chartist Carol Harmer

Jan. 11 2011 | "I do think gold's on its way down and if we break this level we could quite easily go back down to $1,295 (per troy ounce). I think longer term, gold's a good investment," Carol Harmer, director at Charmer Charts and Mercury Forex, told CNBC Tuesday.