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Respecting The Range

GOLD

Bullion finished lower again on Tuesday but failed to challenge the extremes of Monday's ranges as participants looked ahead to the latest FOMC decision (please see our full preview for more colour on that specific matter). Spot has settled into a narrow range during Asia-Pac hours given the impending event risk, last trading a handful of dollars softer, just above $1,855/oz. The previously outlined technical picture remains intact.

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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