OANDA:XAUUSD   Gold Spot / U.S. Dollar
xauusd faced the largest one week drop in last 5 months. the exact reason for this can be elicited as many.

1) soon there will be no change in interest rate of us dollar and its decided as it is may happen by september not in june

2) strong us job data

3) lot of positive economic news from usa which powered dollar

4) in last two months xauusd was over brought and now a correction is happening in that price.

5) market manipulation.


What you feel please comment us

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