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The yellow metal continues to tread lower,.....>

GOLD
GOLD: The yellow metal continues to tread lower, last -$5/oz at $1,467/oz, with
fresh multi-year highs for the DXY applying some pressure.
- The comes after bears remained in the ascendency on Monday, building on the
recent momentum and forcing key technical breaks, which ultimately resulted in a
close below the Sep 18 low & key bear trigger at $1,483.1/oz.
- The July 19 high at $1,453.1/oz provides the next obvious level of downside
interest.
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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