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Gold falls abruptly below $2,924

Following on from an earlier update, noting the recent lows in Gold just above $2,924. Well, the metal has just this minute taken another hit to the downside and fallen below $2,924. This was always a likely downside pressure point and that is why it was highlighted here earlier. Well, as you can see right now, the metal has accelerated to the downside upon breaking below that level. Gold just hit a fresh session low at $2,916.90. It is currently trading at $2,920.60 
 

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