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Gold Flat As FOMC Decision Is Looming

Discussion in 'Technical Analysis' started by Kaitlin, Mar 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The bullion switched into the wait-and-see mode, before the Federal Reserve is getting ready to announce its monetary policy decision later on Wednesday. Gold is backed by the first weekly support at 1,230 for the moment. There is a risk of considerable Dollar's appreciation, in case the FOMC outcome is[​IMG]

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