Gold Price Continues to Test Support Levels, Eyes sub-$1,700

Gold Price (XAU/USD), Chart, and Analysis US Treasury yields remain near multi-year highs. The longer-term gold chart looks negative. Retail clients are long of gold and that’s a bearish contrarian signal. Gold is set to print its fifth straight monthly loss and re-test the $1,700/oz. level for the first time in nearly six weeks as …

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