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Technical Analysis XAUUSD : 2016-03-31

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Untypical gold prices behavior Gold fell in price after the Fed Chair Janet Yellen’s comments there is no need to hurry with further interest rate hikes. Mid last December Fed raised the rates from 0.125% to 0.375% for the first time in 9 years. The reaction of the precious metals market was uncharacteristic: the precious metals prices are edging down together with the US dollar index while they are usually negatively correlated. Will the gold prices continue retreating? The Fed funds futures

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