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Why I'm buying gold: Lambert
Clive Lambert of FuturesTechs explains why he is trading gold.
He is looking to buy a dip to $1,239/oz - $1,240/oz. If the $1,238/oz level is cleared, he says there is the potential to add to a long position and buy a 'rip' of $1,250/oz.
His stop is $1,230/oz. The targets are $1,270/oz and $1,295/oz.
Lambert explains the background to a selected trade regularly on Trading Floor.
01:15 minutes
Tags: buying, clive lambert futurestechs, gold price, saxotrader, saxotradergo, trade idea, tradingfloor.com
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