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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 gold at current levels and on a dip to $1,260/oz. He has a stop at $1,250 and his targets are $1,300, $1,335 and $1,380.

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