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KQMarkets
Sep 18, 2019 6:56 PM

Gold - Short Post FED Short

GOLD (US$/OZ)TVC

Description

We see Gold moving lower on the back of a more Dovish than expected Fed tonight which was divided in cutting rates and indicated that there would be no further rate cuts this year. Therefore we see further downside despite stocks dropping and Gold falling towards the support level at $1429.
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