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Gold Tumbles To March Low On Hawkish Fed Comments

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The price of gold hit a new March low on Wednesday after relatively hawkish comments from US Federal Reserve officials weighed on the precious metal and boosted the US dollar. As a result, gold dipped below $1225, a key support level.[​IMG]

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