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XAU/USD: review and forecast on 03.12.2015

Yesterday, the price of gold continued declining and reached its five-year lows at 1046.17. A fall in the price was the result of the Fed Chair Janet Yellen speech, in which she said she is “looking forward" to a US interest rate hike and gave positive outlook for US economic growth, a decline in unemployment rate and inflation reaching the key level of 2%.


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