Daily Archives: September 20, 2018

Gold is trading above 1200 $ price level, but it is only a temporary pause before resuming declines

GOLD PRICE TECHNICAL ANALYSIS Gold has been stuck around the $1,200-an-ounce level for the last four weeks and since the next Federal Reserve monetary policy meeting is still one week away.According to analysts, an impending interest rate hike Sept. 26 will keep a lid on any significant gold rally in the near term. Markets are all but guaranteeing an interest-rate…

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