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GOLD Technical Analysis 30-04-2015

Rexor Investments

Gold gets lower down last night on the FOMC Statement. The Fed decided “The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.”

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