| U.S. dollar gold bullion prices fell as low as $1642 an ounce during Tuesday morning's London trading – though still slightly up on last week's close following Asian session gains – while stock markets fell and commodities were flat as markets digested last Friday's disappointing US jobs data.
"Major support [for gold] comes from the long-term uptrend, which is still intact, currently around $1600," says the latest technical analysis note from bullion bank Scotia Mocatta...............................................Full Article: Source
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