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To Fresh Record Highs

GOLD

Gold has surged higher in early Asia Pac dealings to fresh record highs. The precious metal last near $2111, below session highs ($2132.29). This puts us up 1.9% for the session, following Friday's +1.76% gain. We are through all resistance points, with $2100 being the last round figure resistance.

  • Broader USD sentiment remains on the backfoot, with the BBDXY off 0.10% so far today, still gold moves are clearly outpacing these trends.

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