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Gold pushes higher in early trading
The bullish near-term and longer-term views for gold are still extant here, as the price moves back towards $1250.
While dips are still being bought, each bounce over the past few days been smaller, so bulls need to take charge and get the price above $1250 to restore upward momentum. The bears have been unable to get the price below $1230, so that would be a key move in creating some short-term downside.