Spot Gold Below 1513 Target and Support Zone $1412 โ€“ $1392

Spot Gold surged on Tuesday, rebounding from a five-session decline after the Federal Reserveโ€™s announcement to boostlending eased fears over a crunch in liquidity. It wasnโ€™t safehaven buying that drove gold prices higher. We know that because Treasury and the U.S.Dollar are the true safehavens.

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