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June 21, 2012

Gold: Tumbles off 1,632.85 level, risk builds on key support

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GOLD has ended its corrective recovery as it tumbled off the 1,632.85 level on Monday and continues to sell off. This development now leaves the commodity targeting 1,557.30 level, its Jun 08'2012 low where a break will drive it further lower towards its key supports located at the 1,557/27 levels.... FF News: Technical

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