13.12.2013-Gold bounced off support
The price of gold could not break the strong support level at 1220. Strong volatility of gold associated with the upcoming meeting of the Federal Open Market Committee Federal Reserve. The meeting will be decided the fate of the quantitative easing program. Growth can be up to 1250 and 1265. Upon further decrease in price can reach 1200.
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Analytical department FXFINPRO Capital.