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Gold: Two critical fundamental drivers and the importance of 1250

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After residing in traders’ doghouses throughout all of last year, everyone’s favorite yellow metal has been on much better behavior thus far in 2016. As we’ve noted before, the price gold is determined by the interaction of supply and demand, as with any commodity. While the supply of gold is relatively predictable in the short term, the demand for gold is not driven by the conventional industrial demand that drives most commodities. Instead, gold demand is driven primarily by its

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