Gold Near Steady As USDX Backs Off Daily High

(Kitco News) – Gold prices are trading near unchanged in morning dealings Tuesday. The yellow metal has been lifted off its daily lows as the U.S. dollar index has backed down from its session high. The gold bulls remain in firm near-term technical control, as evidenced by traders willing to step in and buy the dip in prices. April gold was last down $0.30 at $1,319.10

By Jim Wyckoff
For Kitco News


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