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April 18, 2012

GOLD: Risk Remains Lower On Bear Pressure

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GOLD: Our outlook on Gold remains lower as it continues to face downside pressure. This leaves the commodity targeting its support located at 1,612.10. We may see a breather here but if that fails to occur, further declines could follow towards the 1,522.55 level, its Dec 2011 low. A break of here... FF News: Technical

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