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“The market could still be in a corrective phase ... it can come under further downward correction.”
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“It's possible that retail investors are now more interested in taking new positions in booming Japanese shares.”
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“For now the market is careful about taking new longs above $600. Investors want to see gold stay above $600 for a while before building up new buy positions.”
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“As long as geopolitical concerns are there, gold will be supported.”
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