Yesterday, gold climbed 26 dollars, after rebounding on the supports at 1166.8 and 1178.5 dollars per ounce, until it touched a ceiling at 1195.5, very close to the 1200 target. These supports could be the ones where the price will stop, as since it touched the historical high, it's been hitting lower highs. If it continues to break levels, 1158 will also be important.

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