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Gold trades lackluster amid lack of fresh cues

FXStreet (Mumbai) - Gold continues to trade lackluster during the European session amid lack of fresh cues from the European equities.

Gold is trading 0.10% lower at USD 1144.30/Oz as the European equities continue trade sideways after opening marginally lower. Moreover, the yellow metal also lacks any cues from the Treasury yields which continue to trade sideways. Meanwhile, the US Dollar index has hardly moved since the onset of the European session.

The yellow metal is likely to continue trading lackluster in line with the European equity markets ahead of the European Central Bank rate decision.

Gold Technical Levels

Gold has an immediate resistance at 1151.80, while the immediate support is located at the European session low of 1143.00.

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