With no yields, the commodities are less attractive

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The gold is still depressed with no yields to represent to its holders, while the greenback is having now brighter interest rate outlook, after the Fed started to raise its funds rate at by 0.25%initially expecting reaching 1.375% at the end of 2016. Now, the falling below $1046 which stopped it earlier this month can expose it to stronger downside momentum can lead to $1000 psychological level which can contain the market sentiment next. The energy prices are suffering also from several

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