https://deviantinvestor.com/9354/gold-is-stable-events-coming/
Gold dipped slightly as the new week get underway after breaking down
below the important support level of $1,265 last Friday. The main reason
behind last week’s decline in gold prices was that many investors
exited gold investments to stay on the sidelines on rumors that
President Trump was set to announce the next Fed chair. News concerning
the Federal Reserve often affects gold prices because the Fed
technically determines how the USD trade in the forex markets and gold
is priced in USD. This piece examines how economic and forex
developments could provide head and tailwinds for the yellow metal as
the year draws a curtain.
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