Technical Analysis XAUUSD : 2016-01-18

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    China acсrues its gold reserves China reported on Friday it increased the share of gold in its reserves by 19 tonnes to 1762 tonnes in December. They increased by 21 tonnes in November and further by 45 tonnes since August to October. Meanwhile, the gross official reserves of China fell to the lowest since 2012 at $3.4bn at the end of this year. Market participants suppose the Bank of China decided to increase the share of gold in its reserves which is now around 1%. Will it support the gold

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