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Gold Climbs To 8-1/2-Month High After Yellen Testimony

Discussion in 'Technical Analysis' started by Daily.Forex, Feb 11, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    Gold prices hit their highest level since May 22 during today's Asian session as investors scaled back expectations for more U.S. rate increases after Federal Reserve Chair Janet Yellen stressed that the policy was not on a pre-set course and they would respond appropriately to developments in international conditions and their impact on the economy.

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