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Gold rises closer to its all time high

Since my last update gold has now lifted substantially higher, reclaiming the $2,100 level and just now rising above $2,115. That means it is now within striking distance of its all time record high that was set back on December 4 last year, when it spiked to $2,135.39. In terms of further resistance levels ahead of that all time high, there is nothing much to speak of on the charts. That is not to say the metal will take that high out, but the demand is clearly strong right now. If I might find out where exactly that demand is coming from, then I will pass that information on. Right now it is a little unclear though. The high set a moment ago was at $2,119.15. It is just now trading at $2,118.50 
 

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