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Ever since the price high of 1227 in December, gold has been in a trading range. The most recent rally has brought gold to the upper ceiling of that trading range and the question now is whether this move will propel gold higher and above … In each previous year, price made it above the secondary highs but failed to move to new highs immediately. In 2008 it turned out to be the price peak before the crash. In 2009 it turned out to be a high point followed by a five week …
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