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Gold Erases Overnight Gains as Stocks Stabilise, NFP Eyed

Discussion in 'Technical Analysis' started by Kaitlin, Jan 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Gold rallied to a fresh nine-week high of $1112 in overnight trading before dropping by a good $15 to trade back below $1100 at the time of this writing. The People's Bank of China fixed the USD/CNY lower a day after the Chinese authorities decided to abort the circuit breaker[​IMG]

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