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Gold: US Rate Rise May Push Metal To $1000

Discussion in 'Technical Analysis' started by Kaitlin, Dec 18, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    So, the 'FOMC day' has come to pass and the rate hiking cycle has begun, as had been widely expected. It looks like the majority of the market participants have interpreted the Fed's forward guidance as more hawkish than expected – hence the dollar has rallied, if only moderately so[​IMG]

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