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Gold – Sellers Placing Great Pressure on Support at $1275
Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key level at $1275. In the last 24 hours gold has surged higher but run into the previous key level at $1290 before spending more recent hours easing lower. A couple of weeks ago Gold was meeting resistance around $1313 which saw it finally ease lower. Just prior to that it moved well away from the support level at $1290 and back up well above $1300 to a two week high above $1322 before easing lower. It had also been easing lower and placing ... (full story)