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Gold (XAU)- fell sharply on profit taking having traded at record highs the previous session. XAU traded with a high of 987.50 and a low of 959.35.
USD/CHF-After a moderate bullish correction, the pair is heading south again and is now traded around 1.0400. The 4 hour chart is showing growing bearish momentum, and the daily study supports the bearish notion. The estimated target price for the next move should be around 1.0340.
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Regards
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