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Nearly a $30 spike for Gold

GOLD
  • Bund is back at pre US CPI levels, and testing that yield support once again.
  • TYZ1 is still better offered, as we were trading at 131.18 pre data, now at 131.09+.
  • Gold has now nearly rallied $30, and the precious metal has firmed through multiple resistances.
  • Next upside resistance is now at $1863.3 - 76.4% retracement of the Jun - Aug sell-off

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