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Gold falls back- Is it attempting to fill a technical gap left open yesterday?

Since the last update here noting the record rise for Gold earlier this morning, the metal did extend slightly after that and set a new all time high, at $3,085.96. However, that was then and this is now and since then the metal has fallen back, by nearly $20 in more recent trading. In the previous update, it was mentioned; not to rule out a gap filling exercise. That is because in rising today to that new record, it left open a yawning European price gap on the daily chart, to the high seen yesterday, at around $3,059. Well, gold has now tracked back towards $3,065 and it could still be trying to fill that gap. Of course there is no guarantee that it will. Even if it does it might not stop there. We shall just have to see what unfolds from here on. Gold is right now at $3,068.90 

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