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home / news releases / DZZ - Gold Needs More Time Before It Breaks To The Upside


DZZ - Gold Needs More Time Before It Breaks To The Upside

Gold traded to a high at $1344 on the nearby COMEX futures contract in 2019 after hitting a high at $1365.40 in 2018. Last year's peak created a double top in the gold futures market as the price hit the exact high in January and April. In 2017, the highest price for gold was at $1358.50, and in 2016, the yellow metal reached $1377.50. There is a lot of congestion in the gold market between the $1340 and $1380 band, and each attempt to make a new high has failed. However, gold continues to move

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Stock Information

Company Name: DB Gold Double Short ETN due February 15 2038
Stock Symbol: DZZ
Market: NYSE
Website: www.db.com/india

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