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Gold Plunges Amid Hawkish Fed Comments

Discussion in 'Technical Analysis' started by Kaitlin, Mar 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Gold sank the most since July 2015 yesterday, by coming down from the 1,250 area in the beginning of daily trading to below 1,220 later. This is due to substantially higher Greenback in the wake of hawkish remarks by St. Louis Fed head James Bullard. On Wednesday, XAU/USD breached its[​IMG]

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