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Gold Surges Back Above $1300 On Huge Volume As Trade Tensions Escalate

Courtesy of ZeroHedge. View original post here.

With China's retaliatory threats coming just minutes after Trump warned them not to, and including a closet threat to dump USTs, precious metals are aggressively bid this morning with Gold surging above its 50DMA and breaking $1300 once again.

Gold spiked on extremely heavy volume…

Breaking above $1300 and its 50DMA once again…

Additionally, gold is surging in value against the yuan…


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