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Gold Looking to Extend Gains

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Gold has made some solid gains over the past few weeks as the market begins to doubt if we will see a rate rise from the Fed this year. A break through of a solid resistance level, and a pull back to it signals the market is looking to take gold through the recent four month high. Gold has seen plenty of demand thanks to a series of mixed economic data sets that have many market participants questioning whether the Fed will be able to justify a rate rise in 2015. Last week the poor US core

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