Gold gained value on Tuesday and Thursday (trading was closed in observance of the Fourth of July on Wednesday), the first occurrence of two consecutive up trading days, in which gold closed above its opening price and resulted in a moderate price increase,

Following the Fourth of July holiday, gold futures opened at $1,253.50 and traded higher, reaching $1,257.80 as of 4:45 PM Eastern standard time. Today’s price gains were a combination of a weakening U.S.

TRADE ALERT: Cover Short August Gold, and remove stop when markets reopen following the holiday. 

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