Gold Tests Recent Highs and then Consolidates

Commentary for Wednesday, Feb 5, 2014 (www.golddealer.com) – Gold closed up $5.60 at $1257.30 after testing recent highs ($1273.00) so trading continues relatively nervous and cautious. ADP payroll numbers showed 175,000 new jobs last month which was less than the expected 189,000. Talk continues about reducing the Federal taper as…

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