Gold Undermined by Rallying Equities, Dollar

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

  1. Kaitlin

    Kaitlin Forum Member

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    The rallying equity markets and firm US dollar is proving to be a toxic mix for the buck-denominated and perceived safe-haven gold. After eking out a small gain for the month of July, the metal started August on the front foot last week before turning decisively lower on Friday in[​IMG]

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