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July 15 2014

Commentary by David Fuller

My personal portfolio

A slightly in-the-money stop triggered

My trading long in gold (weekly & daily) was stopped out today. I had purchased August gold at $1292.08 on 26^th May and it was sold at $1295 on 15^th July. These prices include all spread-bet dealing costs. Yesterday’s sharp downward dynamic, possibly influenced by the weakness in crude oil, capped gold’s rally for at least the short term.

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