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Commodities

In our opinion, gold’s looking really good for a test above $US1,900 although every time the local sector has threated to rally its withered away, that said, this is probably our favourite call into Christmas – for good measure this definitely doesn’t feel like a ”crowded” trade as its over 12-months since precious metals were garnering any headlines and the recent appreciation in bonds yields is likely to have seen many investors abandon the sector all together.

MM remains bullish gold into Christmas
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The Australian Dollar ($A)
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