Gold Price Fighting Stronger Dollar

KitcoNews/Peter Hug/10-23-17

Gold continues to weaken in the face of a stronger US$. Dollar strength, especially against the yen, remains the main headwind for gold in the short term.

…Buying should re-emerge if gold can break up through $1,279.

PG View: Gold is already above that $1279 level intraday. We’ll see if there is upside follow-through in the sessions ahead . . .

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