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*adds levels to previous bullet* - The.........>

GOLD
GOLD: *adds levels to previous bullet*
- The yellow metal has recovered from early Asia lows to last deal +$5/oz at
$1,691/oz after an uptick in longer end U.S. Tsy yields provided some downward
pressure on Wednesday. Bears still haven't managed to force a challenge of
$1,670.7/oz, the May 1 low, which protects $1,659.6/oz, the Apr 21 low and key
support.
- In terms of gold specifics, SPDR Gold share holdings last dipped (on a daily
basis) back in March, which marks the longest run of upticks since 2012, per
BBG.
- Further afield, not much has really changed, with Sino-U.S. tensions and
COVID-19 matters still front and centre, with no real changes to the trajectory
of either matter.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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