Gold loses grip on $1300 again

The gold bulls appear to be really having a difficult time. Despite all of the potential bullish geopolitical factors being seen right now, the gold market has thus far not been able to get any type of sustainable rally going to the upside. In fact, the gold bulls have not been able to put any meaningful distance between the market and the $1300 level for some time. With the gold market once again dropping below this psychologically important level today, one has to wonder if there may be more



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