With a higher high for the move overnight April gold has extended a slight bullish edge into another trading session.
Surprisingly April gold managed the higher high despite a measure of strength in the dollar.
However, a very minor and indirect negative impact on gold overnight came from a very hot New Zealand producer price index reading which for some keeps fear of global inflation in place.
In today's early action traders will be confronted with a US Fed speech, a 20-year US treasury bond auction, and perhaps most importantly the release of the FOMC meeting minutes from the Fed's most recent meeting...[MORE]
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