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Technical analysis for Gold for January 30, 2019

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Gold price has reached my $1,315 target and we could see a small move higher towards $1,320 as well. However this is not the time to be greedy. Bulls should either take their profits or protect them with tight stops. Price has reached the upper channel boundary. Although we could see a throw off top, there are more chances of seeing a top than a continued upward move.

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