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Hansen: Is this a turning point for gold?

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Following the big sell-off in gold in July, the precious metal received a bounce thanks mostly to the Chinese currency devaluation. This Thursday it's had an extra boost following the dovish minutes released by the Federal Open Market Committee (FOMC). That's causing concern for short sellers.

Saxo's Ole Hansen asks whether this is now a turning point for gold as it moves back into the range. He discusses the key levels to watch for. China and the US dollar are still the precious metal's biggest threats, he says.