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Gold has gained significantly once more on.....>

GOLD: Gold has gained significantly once more on the Asia-Pac session, last at
$1280.18. Coming into the session it spiked on expectations from news outlets
that Jerome Powell will be chosen for Fed chair come 3pm ET tomorrow when Pres.
Trump is scheduled to announce his final decision, Jerome Powell is widely
understood to support current Fed chair Janet Yellen's 'dovish' stance on
withdrawal of stimulus. 
- Another event effecting the rising price of our precious yellow metal in
Thursday's Asia-Pac session would be the agreement of further sanctions on N.
Korea from U.S. Senators and further insight from CNN sources reporting N. Korea
is working on an advanced missile that will reach the U.S. 
- MNI Technical analysis sees support at $1272.5 - Hourly support Nov 1 and
resistance at $1281.4 - 21-DMA. Hesitation ahead of the 200-DMA continues and
sees pressure back on the 21-DMA. Bulls continue to look for a close above
$1283.7 to confirm a break of the 21-DMA, easing bearish pressure & initially
correcting back to $1291.1-1296.8 where the 55-DMA is found.

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