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Gold under renewed pressure takes out $1280....>

GOLD
GOLD: Gold under renewed pressure takes out $1280 with the downtrend extending
to $1278.54. This brings the 50%/61.8% fibo of $1269.58-1287.47 into view at
$1278.53/1276.41. Below here opens the May 21 low at $1269.58, ahead of the
200-dma at $1260.39.

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