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StephenHoad
Apr 21, 2017 7:25 AM

Gold looking a bit toppy ahead of the French elections? Short

Gold FuturesCOMEX

Description

Still a lot of geopolitical uncertainty about and who knows what result the upcoming French elections may bring. All of which may favour further Gold bullishness. Currently though, looking a bit toppy at current levels and could be good for a move back to the key psychological level of $1250 in the shorter term?

Upside resistance $1300 area, downside $1250 then just above $1200.
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