Hedge funds cut bullish gold wagers to lowest in 15 weeks
Hedge funds and other large speculators reduced net-long positions by 23%.
Today's Gold Settled at $1195.10....Another Down Day....
The Globex Gold trade during the day session covered a robust $25.60 range as once again gold struggled to maintain early session gains. It appears that the lack of buy momentum, and technical resistance, have the "bulls" ducking for cover......
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