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2 Jul 2014
Gold unchanged around $1,326
FXStreet (Córdoba) - The yellow metal finished Wednesday, unchanged trading at $1,326. Price bottomed after the release of the ADP employment report at $1,321/oz, hitting the lowest level in two days but then bounced to the upside.
The yellow metal gained momentum after Wall Street opening bell and rose to $1,331/oz but failed to hold and pulled back erasing gains.
For the third day in a row XAU/USD closed barely below $1,330 and continues to move sideways between $1,325 and $1,330; unable to consolidated outside the mentioned range.
The yellow metal gained momentum after Wall Street opening bell and rose to $1,331/oz but failed to hold and pulled back erasing gains.
For the third day in a row XAU/USD closed barely below $1,330 and continues to move sideways between $1,325 and $1,330; unable to consolidated outside the mentioned range.