Note

XAU Rally has further legs to go?

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Gold prices rose markedly to new peaks past the $1930 mark per ounce troy on Thursday. The strong uptick was on the back of increasing open interest and volume and this is supportive of the continuation of the uptrend in the very near term. The next target of note, in the meantime, remains at the key $2000 mark.


Meanwhile, tomorrow its Chinese New Year ! Happy Holidays!!!

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