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The yellow metal has lost further ground on Monday after declining throughout the session on Friday. Gold last trades down $12.89 at $1,864.63 as US yields inch higher ahead of the FOMC rate announcement later this week. The decline brings into focus the $1856.2, Jun 4 low, a break of the level would reinforce recent bearish concerns following the strong selling pressure on Jun 3. Below opens the 50-day EMA at $1840.1, also seen as a key support area.