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KL: Buy the Rebound in Gold

93
Positive fundamental and technical backdrop
KL Has been bucking the trend of the general market
Going up in good volume in a down-trending market
Currently looking positive on all time frames
Has broken out of recent historical high just below 24
Following the visible rebound in Gold

Buy the breakout
It's looking a little extended here, however:
Still time to buy in half/quarter position
Stop-loss 23.75/22/18
Target 30
RR 2.08

Aviso legal

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