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Gold Looks Poised to Resume Rally

Discussion in 'Technical Analysis' started by Kaitlin, Apr 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Safe haven gold found strong support on Thursday in response to the falling equity markets and US bond yields, with the latter helping to accelerate the USD/JPY sell-off. Profit-taking at the start of Friday's session saw these assets move in the opposite direction. Gold was thus a touch weaker at[​IMG]

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