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Trading the Yellow Metal - Gold
Gold (XAU/USD) has been used as a medium for exchange and a store of value for thousands of years. Normally known as a slow moving asset, gold began the last leg of its rally during the 2008 financial crisis. From the 2008 low, gold has rallied as much as 181% to its current all-time high at 1920.80. Price is currently finding support at 1,522.50 after a 20% decline only a year after a peak was established. With these sharp movements occurring in such a relatively short period of time, gold often leaves traders with more questions than answers. Today we will be looking at the fundamental factors currently driving the ... (full story)
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