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Crude oil prices extended their latest recovery

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GOLD Gold prices fell in line with dollar's broad strength on improved market sentiment and spot traded as lows as $1,202.04 a troy ounce during the European session, consolidating the rest of the day on limited markets' volatility due to an US holiday. The commodity fell for a second day inarow, as equities gained, plus some profit taking after posting the biggest weekly gain in over seven years. The commodity may continue correcting lower this Tuesday according to technical readings, as in

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