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UGL: A $4,200 Gold Breakout Play
Seeking Alphaยท 2025-11-29 03:00
Core Insights - Gold has recently consolidated between $3,900 and $4,100 per ounce after reaching an all-time high near $4,400 in October, with a current movement above $4,200 as November ends [1] Group 1 - Gold's price reached a new all-time high of approximately $4,400 in October [1] - The current trading range for Gold is between $3,900 and $4,100 per ounce [1] - As of late November, Gold has moved above $4,200 per ounce [1]