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Gold. A short analysis of the current technical position. We make no apology for focusing on the Technical Analysis aspects rather than the fundamentals. The Gold price IS largely propelled by expectations of price trajectory. That is to say the price of gold is largely driven by expectations of the price of gold! Whether we discuss anticipated buying from savers...
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Doesn't pay to be too brave on FOMC day - profit taken
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Has been rangebound for a while and now trying to establish direction - modest target of 120.64, stop @ 121.16
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