Mid-Market Update: Gold came into the week clinging to the $1,200 level, but it is down a few bucks again today to $1,175 an ounce. I mentioned that there would be risk to $1,170-$1,150 if $1,200-$1,190 failed to hold. These levels were tripped to start the week, with gold testing a low of $1,168 on Wednesday.

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