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Neighbour: Gold offers shelter from the storm
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Joe Neighbour is expecting volatility in the markets to continue and therefore is suggesting Gold as a safe haven. He's seen prices rise from around 1200 USD two weeks ago to around 1240 USD. Joe says. "With markets selling off aggressively in recent sessions we have seen a number of investors flock to gold" and he expects that trend to continue.
His stop loss is 1235 with a target of 1275 in the coming weeks.
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