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Gold (XAU)- also headed higher on energy prices. XAU traded higher by US$12.40 an ounce breaking key levels of US$900.20. XAU did trade with a low of 882.40 and a high of 905.30.
GBP/USD-The failure to validate the breach through the key Fibonacci level of 1.9800 stirs up fresh bullish sentiment and the cable is now traded around 1.9870. The daily chart is very bullish and the 4 hour chart is showing positive slope on the slow stochastic. Going long might be the way to go today.
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