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Gold, Equity Upside Extends

GLOBAL MARKET/OPINION

Trend in equities, gold continuing further here, with spot gold and e-mini S&P hitting session highs (and all time highs for stocks).

This puts spot gold above the 50-dma for the first time the sell-off on Jan 8, opening $1885.13 as the next upside level.

Rallying precious metals helping buoy the materials sector in equity space. Gold miners trading well and outperforming the index

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