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Range Remains Intact

GOLD

Spot is little changed, hovering around the $1,865/oz mark. The strength of the broader USD and direction of travel for U.S. real yields continue to come under scrutiny, with gold having a look lower on Thursday, before recovering from worst levels in NY hours. Bears have still not been able to force a challenge of support at $1,848.8/oz, which represents the Sep 28 low and bear trigger.

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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