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XAU/USD: general overview on 11.06.2015

XAU/USD has been growing for 3 consecutive days due to the technical correction from the March low at 1162.57. The rate is additionally supported by the general weakening of the dollar that has started at the beginning of this week. At yesterday’s close, gold rose by yet another $9. Out of today's fundamental factors that are able to affect the XAU/USD rate, pay attention to US retail sales (15:30 GMT 3). The figure is expected to grow. 

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