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Gold puts bulls in control
The rally continues here, with dips down to $1290 yesterday being enough to bring out more buyers, Now the work to push on above $1305 and then 2015 high begins.
A close above here signals that we are headed towards $1340, the July 2014 peak and then we can contemplate a move to the high of that year near $1390. Gold bears would need to push the price back down towards $1270 for the current bullish picture to be reversed.