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Gold slips from $2,412 high as US stocks reopen

Earlier today an update here on Gold noted that the next resistance level was at $2,412. Well, subsequent to that update, the metal rose to nail that resistance level, reaching a high at $2,412.05. It is now tracking lower towards $2,400 again. The move lower comes as the Yen weakens and the USD/JPY lifts towards 156.25. Gold is currently trading at $2402.50 
 

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