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The yellow metal has drawn support from the....>

GOLD
GOLD: The yellow metal has drawn support from the increased worry surrounding
the Chinese Coronavirus situation, which has gained wider attention over the
last couple of days, seemingly culminating in a notable market reaction when
Chinese equity index futures re-opened today.
- Spot last trades ~+$6/oz at ~$1,567/oz.
- Having broken above the Jan 10 high bulls now look to $1,582.6/oz, the 61.8%
retracement of the Jan 8-Jan 14 decline.
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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