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Oil Prices Swing in Volatile Trade

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Precious Metals at Record Lows on Rate Hike Expectations Gold continued its downward trajectory, finishing the week near the lowest level since February 2010, as traders rushed to sell the metal on the back of bolstered expectations for a December rate hike by the Fed. Bullion futures for delivery in December plummeted 0.15%, or $1.60, to settle at $1,076.30 a troy ounce by the end of Friday’s trade on the Comex, after falling to $1,062.00 on Wednesday, a level not seen in almost six years,

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