LiteForex - Analytics

    LiteForex

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    XAU/USD: buy the metal at local lows on 16.03.2015

    The gold has been depreciating against the dollar for 1.5 months and the pair has almost reached the recent local low at 1133.05. It's worth noting that the gold is no longer a safe haven asset as investors prefer oversold currencies despite geopolitical tension and financial crises. 

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