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Gold goes up over $24 on budget deficit news.

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Nothing to see here really, we'll see if reality sets in on the dollar. Gold spiked, however the dollar only saw a small dip. It would appear that gold has a pretty solid footing around 1080, everytime there's downward pressure, buyers show up in droves. bottom at 1080, top resistance around 1225, if we can break through that it's strait to $1500.

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