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September 6, 2012

Gold Breaks Above 1700 – Looking to ECB and NFP

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The previous update on gold looked at a market pushing higher with 1700 as the next target/resistance to monitor. This rally indeed materialized followed by a very narrow consolidation under the 1700 handle (seen in the 4H chart). This is the highest gold has been in 6 months. The break occurred... FF News: Technical

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