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Why I'm buying 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.

O'Hare is buying at current levels at $1,232/oz with a stop at $1,215. His targets are $1,245, $1,278 and $1,300.

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