Thursday, 7 April 2011
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Gold Daily Outlook for April 7, 2011
Gold trading Tuesday closed on record high, to add further bullishness by Wednesday's trading due to the unexpected rate hike by China's central bank, which was the third-hike this year. Inflation threats and debt woes sweeping across Europe caused traders to target safety and push the metal above a pivot resistance at 1,455.50. The metal is now testing a resistance at 1,460.00 an ounce, ahead
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