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FED and gold

Larson&Holz

Disclaimer

Traders are in expectation for US FED report on interest rate and for FOMC economic forecasts, which are expected on the 21st of March. Larson&Holz analysts recommend opening short-term positions for selling gold from 1312 to 1307 dollars per troy ounce.

Also, Larson&Holz specialists presume that the price for gold may get even lower. However, if there will be point in opening further deals on selling gold, it is best to do it after news release from the USA.

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Source: https://www.lh-broker.com/
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