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Gold Drops Below Macron Lows, Breaks Key Technical Level

Amid heavy volume, gold futures have broken below their 100-day moving average this morning and are trading below the mini-flash-crash lows from Sunday night's relief at Macron's victory...

 

 

This has pushed gold to 2-month lows...

 

But the Gold-to-Silver ratio hovers above 75x at pre-Brexit highs...