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Gold up and up
Fresh dollar weakness is helping drive gold higher, with the price now through the descending trendline that held at the end of February.
Now the bulls must post a daily close above $1264, which would also put it back above the 200-day simple moving average ($1260). The next big area is $1307, the early November 2016 high. Short term, we would look for support around $1240 and then $1225.
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