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Gold moves higher
Having stabilised around $1260, gold has begun to move higher, although it needs to move above $1270, the high from Wednesday, to provide confirmation of bullish strength.
Above $1270 the price will head towards $1280, then $1296 and $1300. A loss of $1260 would suggest a bigger pullback, taking the price down to $1250 and then $1240.
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