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Gold prices have seen a big decline in the past month, going as low at USD 1,062, Lambert says. But over the last three days, a morning star reversal pattern has emerged on the candle stick chart and this is a signpost of possible retracement, he adds. With price support now at around 1,083 and 1,075, Lambert is looking to buy at 1,083 with a stop below 1,075. His targets for the trade are 1,100 and 1,111.