Market Overview

Gold Futures Lower In Tight Range

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June Gold futures are trading lower by $3.70 at $1219.80 in Monday's session. Just before 9:00 a.m. ET, it attempted to mount a rally and found resistance just above Friday's close ($1223.50), peaking at $1224.10.

The ensuing decline has found intra-day support ahead of the pre-market low ($1216), finding support at $1218.20 and attempting to re-enter the $1220 handle.

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