Gold Prices Continue Bearish Trend

12 Dec in Blog, commodity trading, copper futures, futures trading, gold futures, Mike Seery, palladium futures, platinum futures, seeryfutures, silver futures

Gold Futures--- Gold futures in the February contract are trading lower for the 4th consecutive session down another $4 at 1,242 an ounce continuing its bearish momentum as traders are awaiting tomorrow's FOMC meeting as they look to raise interest rates as speculation also is that they might raise interest rates 3 times in 2018 as that is a bearish fundamental indicator towards gold and the precious metals as that is why you have seen selling across the

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