Gold Slips on Fed Rate-Increase Worries

Discussion in 'Technical Analysis' started by Daily.Forex, Nov 13, 2015.

  1. Daily.Forex

    Daily.Forex Forum Member

    Sep 2, 2015
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    Gold prices fell for a third straight session on Thursday on worries about the possible U.S. rate hike. The XAU/USD pair dipped to a low of 1074.08, a level not seen in more than five years, after dropping through the support in the 1086/2 area put some extra pressure on the market.

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