Because of fundamentals gold prices can only go up – FXTM

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The gold market continues to consolidate in a narrowing range and according to one market analyst, there are growing technical signs that the precious metal is ready to break to the upside.
In an interview with Kitco News, Lukman Otunuga, senior research analyst at FXTM, said that it is difficult to be bearish on gold as strong fundamentals are in place to drive prices higher.
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