By: Forbes Real Time
April 29, 2013 at 08:43 AM EDT
Technical Trading: Gold Firms Overnight, Backing and Filling Possible Ahead of FOMC
(Kitco News) - Mon April 29 - Comex June gold futures rose in European trading, supported by a fresh tumble in the U.S. dollar index and by physical demand for jewelry and gold coins. Traders are eyeing the U.S. Federal Open Market Committee meeting set for Tuesday and Wednesday. However, gold action could turn consolidative ahead of the meeting announcement.
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