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Neighbour: Seeking safety in Gold
Joe Neighbour thinks Gold is offering shelter from stormy markets being buffeted by ECB decisions and the uncertainty around the US rate debate.
Gold's safe haven status is, once again, offering traders opportunities, according to Joe.
Gold has been in decline since July but the RSI is oversold and, from a technical perspective, demonstrating bullish divergence.
There is long term support around the 1200 level.
Stop: around 1180
Target: a bounce in the near term towards 1280
01:07 minutes
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