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The yellow metal benefitted from the heavy.....>

GOLD
GOLD: The yellow metal benefitted from the heavy risk off flow apparent
overnight, adding nearly $10, to trade at $1,339/oz.
- From a technical perspective support emerging on dips back towards the 100-DMA
($1,306.20) provided the base for an aggressive break of key DMAs with focus
having returned to layers of resistance between $1340.7-1355.0, after the
Bollinger top ($1337.5) was cleared. Layers of support have been left in the
wake with bears now needing a close below $1318.3.
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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