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The yellow metal continues to operate around...>

GOLD
GOLD: The yellow metal continues to operate around $1275/oz as the strength of
the USD capped the price of the precious metal.
- Technicals suggest that gold has room to move before oversold levels become an
issue although the Bollinger base ($1275.9) continues to limit follow through.
Bulls need a close above $1286.2 to gain breathing room and above the 21-DMA to
return pressure to $1310.5.
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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