(Reuters) - "The metal's failure to decisively break the key resistances has knocked off the bullish sentiments, albeit marginally," said Pradeep Unni, analyst at Vision Commodity Services in Dubai.
"The rally is clearly running out of steam, and as far as things stand the market probably needs stronger motivating factors to scythe the psychologically important level of $700, which has of late become more of a level of self esteem for the bulls."
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