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Gold: The rate hike trade is still on. To 1200

FX:XAUUSD   Gold Spot / U.S. Dollar
Today's price action in Gold will be crucial in setting the stage for the month ahead. Gold is trading at a critical resistance level of 1300 - 1310. A reversal here, (maybe this week) could see gold prices falling into December's Fed decision.

First stop for gold is 1250, followed by 1200.
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