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Gold hits $1198 in $50 turnaround

Gold hits $1198 in $50 turnaround

News
Adam Button
01/12/2014 | 14:40 GMT

Gold erased all its losses from Friday and earlier today in a complete turnaround.

Gold is up $30 on the day to $1196. A close over $1200 would splash a massive bullish engulfing candle on the chart.

Gold daily chart

Gold daily chart

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