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Gold could see $1111
After a move from $1110 towards $1190, it may be that the bounce has run out of steam. The price needs to close above $1180, which would open the way to a test of $1200 and then $1228.
A daily close below $1150 would suggest a new downward move is in play, heading towards $1129 and then $1111 for the commodity.
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