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Gold Is Having A Rough Morning

Matthew Boesler   

Gold Is Having A Rough Morning

Gold is taking a beating this morning.

It was trading sideways until 8 AM, when it really started heading south. In the last hour, it's fallen $15 per ounce and is now down around 1 percent on the day at $1586.

The chart below shows the move.

Gold

Thinkorswim

Click to enlarge

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