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GOLD breaks its silence
So the required catalyst to rudely awaken gold from its nap came from a Portuguese Bank. Now it is a question of how much of a concern investors take this to see Gold hit our next bullish target of $1355. With Gold ranging for so long I did wonder if Gold bulls would become increasingly nervous, resulting in the dumping of the precious metal driven by frustration during a quiet market. Well we did eventually see the bullish breakout from the sideways. Breaking up through the $1341 target during intraday trading, Gold closed below this level but well above $1330 support. As long as this level holds then the bias is ... (full story)
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