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Gold pullback change may happen
A turn could be at hand in the Gold pullback, as the commodity pushes briefly above the $1282 high from 4 October. A close above here could be the creation of a new higher high, with a move above $1290 confirming renewed bullish momentum. In this case, $1296 and then $1307 come into play.
A failure to move higher would raise the prospect of a move back to $1270, then down below $1260 and then to $1251.