NEW YORK ( TheStreet) -- Gold futures have been trending lower in recent weeks after failing to breach the heavy band of overhead resistance from $1,790 to $1,800. Gold put in a swing low of $1,698.70 during Wednesday's session.Now, I do not think that fundamentally anything has changed. What we have seen recently is a general period of "risk-off" trade which has affected everything from the equities markets to gold to grains.
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