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Gold rallying
The gold rally has now hit, and attempted to break, the $1295 level. If it does, then $1307 is next.
Only a drop back below $1280 would really imperil the rally, although with the Federal Reserve meeting next week, and the US dollar trying to rally, gold could be vulnerable in the short term. A close above $1295 is needed to create a new higher high and maintain upward momentum.
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