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Gold looks to move higher: 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 gold at current levels with a tight stop at $1,240/oz. His targets are $1,275 and $1,285.

O'Hare’s technical analysis of a selected trade is featured every Thursday on TradingFloor.com.