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Gold price looking for bullish move
The price for gold continues to hold above $1200, so if this remains the case more upward pressure may begin to be seen.
A breakout above $1214 would mark a fresh bullish development, targeting the $1236 area, and the downtrend line from the April highs. A close below $1200 would be a worrying sign, and would bring support at $1180 and then $1160 into view.
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