Forex Trading Library

Dollar Retreats, so is Gold Still Bearish?

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Gold is nearing an 11-month low as investors turn their attention to the greenback as it loses ground over the euro.

The yellow metal is currently in a tight range as it looks to test the $1700 handle again.

With oil settling above $100 again, will recession and tight supply fears give more volatility to the black gold?

Timestamps

GOLD 01:30

WTI 03:00

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