24.03.2016 - Gold Price Tests 'H&S Neckline' at $1220
Gold Prices slid 2.5% to 3-week lows at $1220 per ounce Wednesday morning as the Dollar rose on the FX market and world stock markets crept higher as Brussels police continued to hunt suspects in yesterday's deadly terrorist attacks. Government bond prices retreated, and US crude oil lost 1.3% to drop towards $40 per barrel – a 7-year low when reached at the tail-end of 2015. The Chinese Yuan also slipped further from its strongest Dollar value of 2016 to date, as the International Monetary Fund denied rumors of any "secret deal" between Washington and Beijing regarding FX rates at last month's G-20 summit of major economy finance ministers...............................................Full Article: Source
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