Gold to lose its shine below $1240 - Oanda

Mar 01, 2017, 11:02 AM

Oanda Senior Market Analyst Craig Erlam says gold has established a new trading range of $1240-$1260 and a potential downside break would spell trouble for the bulls.

Erlam is surprised by markets’ tolerance to Trump’s rhetoric and lack of detail. He also presents his view on USD/JPY and EUR/USD pair.

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