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post: PBOC SETS YUAN MID-POINT AT 71058 / DOLLAR: 7.2461 TO PREVIOUS CLOSE
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chart A decline occurred in the price of gold to the green box area and now the price seems to be staying near it. The trend is still bullish, but the ongoing bearish correction phase does not appear to be over. There is still a chance of further decline in price to the next support points. However, a bearish correction in gold prices is an opportunity ...