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Saturday, 28 July 2012

DailyFX - Forex Market News: Gold Break-Out in Question Ahead of FOMC, NFPs

DailyFX - Forex Market News
Forex Market News
Gold Break-Out in Question Ahead of FOMC, NFPs
Jul 27th 2012, 23:17

Gold is markedly stronger at the close of trade this week with the precious metal advancing 2.23% by the close of trade on Friday. Gold has continued to track risk with a substantial three day rally breaching above key trendline resistance dating back to June 6th before hitting fresh monthly highs at $1630.

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