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Gold pushed a few cents above $1,335/oz,.......>

GOLD
GOLD: Gold pushed a few cents above $1,335/oz, trading up $6 in Asia-Pacific
spot dealing.
- A weaker dollar, in front of today's US CPI data, and lower treasury yields
saw the yellow metal move towards initial resistance at $1,339/oz, which
represents old support from Feb 9.
- Gold continues to benefit from the pullback in US yields as we edge ever
closer to 2.80% in the 10-Year space, after a brief run towards 2.90% earlier
this week. Bulls need a close above the 21-DMA to shift focus back to 2018 highs
and above $1374.9 to confirm focus on $1391.8-1433.3.
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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