Gold Higher Amid Bullish Technical Momentum, Slumping Greenback

Gold prices are firmer and have hit a two-week high in early U.S. trading Monday. The bulls continue to have the near-term chart posture on their side, while a depreciating U.S. dollar on the world foreign exchange market is also a positive for the precious metals. June Comex gold was last up $6.10 at $1,249.90 an ounce.

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