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Gold pushes to contemporary report highs, closes in on $3,900

Gold is catching a bid this time in European morning trade, sticking with the strong rebound after the dip buying since US trading yesterday. Price is now jumping up to $3,894 and is closing in on another milestone, that being the $3,900 mark, to start October.

Gold (XAU/USD) hourly chart

Once again, I don’t think there’s much more that needs to be said that hasn’t already been. The narrative is exactly the same as how it was when approaching the final stages of September last week here.

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