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The weaker dollar and increased uncertainty has given gold a boost, according to Ole Hansen, Saxo Bank's head of commodity strategy. Currently, gold is stuck in a $1,265-1305/oz range and Hansen believes that gold is a buy down to $1,265/oz and a move above $1,305/oz could create an extension to the upside.
Follow Ole Hansen: https://www.tradingfloor.com/traders/ole-hansen
01:32 minutes
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