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Gold: Looks for Its Next Move
The gold market exhibited an intriguing pattern during Tuesday's early trading hours, initially experiencing a slight pullback before staging a recovery that brought signs of life back into the arena. This volatile dance on the charts has positioned the market at a critical juncture, right at the apex of a major triangle from which it previously broke down.The implications of this setup are significant. Should the market choose to ascend from this point, it's quite likely that we'll witness a fervent push toward the $1775 level, with the ultimate goal being the coveted $2000 mark. However, it's crucial to note that ... (full story)