Gold Falls On Rate Hike Anticipation

Discussion in 'Technical Analysis' started by Kaitlin, Dec 15, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Gold prices fell on Monday after a week of general downward drift as the markets braced for an expected rate hike by the US Federal Reserve. Any interest rate rise and monetary tightening cycle in the US could potentially have a detrimental effect on gold due to a few reasons.[​IMG]

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