XAUUSD 2017-12-11 Intra-day analysis

USD strengthens on November payrolls

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XAUUSD intra-day analysis XAUUSD (1248.79): Gold prices continue to extend their declines following last Thursday's close below the 1262 handle. Price action fell to a 5-month low. The Stochastics oscillator on the daily chart is however, in the oversold level including the 4-hour time frame. This suggests a near term retracement. The gains in gold prices could be limited to the price level of ...


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