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Why I’m selling gold: O’Hare

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Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading gold.

He is selling at current levels and at $1,205/oz. The stop is a break of $1,220/oz and the targets are $1,171/oz and $1,160/oz.

O'Hare features technical analysis of a selected trade every Thursday on Trading Floor.