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Pare some of yesterday's gains

GOLD
  • Gold is pushing lower after it traded at highest level in 9 session yesterday.
  • Not really seen any real correlation, USD is lower, while Etsoxx futures is seeing early selling, Limiting the upside for the Emini.
  • As it was during the rally yesterday afternoon Silver is also following Gold lower
  • Small support for Gold moves up to $1948.38

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