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video Following a two-day bounce earlier in the week, gold pulled back from Tuesday’s high of 2,364 on Wednesday to reach a low of 2,334. It fell below Tuesday’s low of 2,340 and continues to trade near the lows of the day at the time of this writing. Following a one-day close above the purple 20-Day MA yesterday, gold is on track to close below it today. ...
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Fifth District manufacturing activity improved but remained sluggish in May, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index increased from -7 in April to 0 in May. Of its three component indexes, shipments increased from -10 to 13, new orders increased from -9 to -6, and employment fell from ...