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Gold Facing Pressure As FOMC Rate Hike Looms

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 15, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The week ahead is likely to be volatile for Gold but the question remains as to what extent a potential US rate hike has already been priced in. Gold came under pressure early in the week as FOMC member Bullard’s speech further fuelled the case for a rate hike. In[​IMG]

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