In the September 24th’s trading session, gold staged a rebound & managed to break out of its 3-day losing streak. Things started to turn around for gold when a round of technical buying kicked in as gold prices approached $1,300/oz, and then took off later in the day.
Reference: http://www.meritgold.com/merit-gold-news-network-detail/merit-gold-news-network-september-24-2013
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