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    XAU/USD: general analysis on 25.05.2015

    Currently, gold is traded at the level of 1203.05. In the near future it can break down the level of 1200.00 and go up to 1179.55. Gold is under pressure from the data on the rise of the core inflation in the USA. According to the latest news inflation rate growth was the highest since March 2006 and on annual basis it amounted to 1.8%. If the target level of 2% is reached, interest rate in the USA will probably be raised in the nearest future. However, despite the rise of inflation many analysts believe that this index does not reflect the real picture of the economic state in the country. 


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