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Energy Commodities Dip Amid OPEC Decision

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Precious Metals Post First Winning Week in Seven Gold managed to book significant gains over the last trading week, rallying to the strongest level in three weeks on Friday, in spite of data revealing that the US economy created more jobs in November than it was anticipated. The upbeat data hardened expectations that the Fed will raise interest rates for the first time in nine years at its December meeting; however analysts see the pace of increases to be moderate, supporting gold. Bullion

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