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Gold Is Headed For A 5% Move Upwards In Next Few Months

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(Kitco News) - Gold should benefit on the back of weakening equities, and should the next resistance level be broken, $1,374 an ounce should be the next target, this according to Gary Wagner, editor of TheGoldForecast.com.

“My current target is $1,374 [an ounce] and that is based upon a Fibonacci extension of the last rally,” Wagner told Kitco News.

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