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Markets in risk off phase, Gold eyeing $1205, Bond market rallying

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    With the markets in risk off mode, Bonds and Gold are rallying higher, says Clive Lambert, Director, FutureTechs, as he joins Tip TV to cover Gilts, Gold, FTSE 100 and the S&P 500 index. Gilts: Seeing buyers on trendline support Lambert notes that the markets are currently in an risk off phase and hence the bond markets are seeing a safety rally. Looking at the technical charts, he comments that Gilts are seeing buying at the uptrend support and moving higher within the trend. Gold: Break

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