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Gold Inching Toward Bull Trigger

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  • Some small continuation lower in USD in early Europe trading, which provides a bid back into Gold.
  • Some pullback off the low in Equities is also helping.
  • EURUSD look to test the top of the range, while other crosses move off their lows.
  • DXY hovers near session low, after rallying last week to highest level since April.
  • Most market participants will look at Friday's high in EURUSD for initial resistance, situated at 1.1925.