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Gold Guided Down By Stronger Greenback

Discussion in 'Technical Analysis' started by Kaitlin, Mar 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Ahead of the meeting of the European Central Bank the Dollar is broadly gaining ground across the board. This is putting downside pressure on gold for a second consecutive day on Wednesday. Despite that, we do not see any substantial losses and the price holds above the weekly pivot point[​IMG]

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