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US Dollar still weak and Gold motors higher

By GKFX Team  |  09/02/2017 13:42

The US dollar is still the dominating force in global markets as the data remains light, this is giving extra life to both cable and EURUSD. However corporate data could well lead equity markets lower and add to the safe haven aspect for Gold. It has become unfashionable to talk about gold as a safe haven, but the recent strength is making it all the more likely that that is the case. 

- Major techincal levels and setups
- A runthrough of the trading session to come
- A look at the major news 

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