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Gold rallies above $4,120 as buyers test resistance - Kitco AM Report - KITCO

Source: KITCO

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DW NOTE

Gold is off 22.5% from its January peak of $5,318 despite weeks of near-zero traffic through Hormuz and no resolution in Ukraine. The rally to $4,121 isn't buyers testing resistance — it's a dead-cat bounce in a metal that should be higher if the macro threats were real or if holders believed central banks have lost the plot.

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Gold rallies above $4,120 as buyers test resistance - Kitco AM Report - KITCO

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