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Retest Of $1,800/oz


The combination of a downtick in U.S. real yields and the broader USD has supported bullion over the last 24 hours, although spot has stuck within the confines of Wednesday's range over that horizon. Bulls have failed to establish a real footing back above $1,800/z, with that level being tested at present. The technical overlay remains unchanged, with a lack of meaningful headline catalysts scheduled for Friday's session.

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