Comment on UPDATE: Comex Gold Extends Losses On Technical Selling; Traders Await FOMC Minutes

UPDATE: Comex Gold Extends Losses On Technical Selling; Traders Await FOMC Minutes

(Kitco News) - Gold futures fell to their lowest level in seven months Wednesday in a move described largely as technical-chart-related selling, with the recently improved tone in equities and some uneasiness ahead of the release of Federal Open Market Committee minutes both contributing factors, traders said.

 

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