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Gold accelerates higher in fourth day of gains

Discussion in 'Technical Analysis' started by ForexLive, Sep 6, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    US dollar weakness sends gold $23 higher on Tuesday When the US dollar is the big loser, gold is often a winner. Precious metals are surging today as hopes for a Fed hike this month fade. The gains have come almost entirely since the ISM non-manufacturing index disappointed and helped to scrap the chance of a Sept 21 rate rise.

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