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Gold Price Outlook: Gold Prices Break Down to Fresh 2019 Lows
It’s a slow pace back from the Easter holiday as markets around the world have re-opened for business. This week’s economic calendar is relatively shallow, with the highlights being rate decisions out of Canada tomorrow and the Bank of Japan tomorrow night/Thursday morning. Many of the themes from last week remain at bay, as the US Dollar holds resistance near monthly highs, with buyers yet to provoke a push beyond the 97.50 level. Gold prices, on the other hand, are breaking down to fresh 2019 lows. Last week saw Gold prices push down to 1270.70, at which point sellers pulled back before a re-test of the ... (full story)