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Consolidating After Last Week's Move Lower

GOLD

Spot has traded either side of $1,860/oz in early dealing this week, after last week's break through technical support. The lines of support and resistance that we highlighted at the back end of last week still remain in play. On the fundamental side participants continue to focus on the USD, U.S. real yields and ETF gold holdings.

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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