Forex Trading Library

Gold Drops $30 as Oil Breaks $80

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The greenback’s recovery pressured gold as the sell-off continued.

With the yellow metal testing the $1970 region, could we see a full reversal?

Oil is also in a bear market after cracking $80 for the first time since August.

 

Timestamps

XAUUSD 01:25

WTI 02:55

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