Overnight High in Gold... 1203.0000 - our target was tested and we have a short term rejection.
From Today's Gold Forecast:
so we did tell you earlier now that gold would need to climb and maintain 1202... we'll probably see that test soon. So nothing wrong with this bounce and we'll see how this 1200 level gets tested and the market reaction to it.
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1194... our 1202 top call looks pretty good right now, but it's a long day...