Gold Weakens On Some Chart-Based Selling, Firmer Greenback

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(Kitco News) - Gold priceshave slipped to modestly lower levels on theday, in late-morning dealings Monday. Some technically based selling pressurehas developed, and the U.S. dollar index remains firmer on the day, to keep theyellow metal on the defensive. Aprilgold was last down $2.20 an ounce at$1,321.20.

By Jim Wyckoff

For Kitco News

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