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Price has traded within a narrow range.........>

GOLD: Price has traded within a narrow range between $1271.19-$1275.67 during
Europe, and the theme of consolidation continued as NY opened.
-The yellow metal has broken out from its earlier range ($1271.19-$1275.67)and
spiked higher to $1277.20 on what appears to be an order driven move.
-A very quiet NY session where consolidation remained the theme with the price
staying in a tight range of $1272.56-1277.20. 

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