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Gold starts a bounce from the support zone
Gold bulls need to step up, and soon. The price managed to hold the $1264 support zone that was tested at the beginning of the month, and for now another bounce from here is in progress.
A close above $1285 would create a new intraday higher high, and put a more bullish spin on the outlook. If the price closes back below $1264 then we have a bearish picture, with $1246 and $1239 in play.
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