Gold Technical Chart Turns Bullish

Posted by Gold Stock Bull Investment Strategies

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Precious metals have rebounded strongly over the past week, following comments from the Federal Reserve. While the FED dropped the word “patient” from their statement last week in relation to raising interest rates, Yellen clarified that removing the term patient does not mean the Fed is impatient. To the contrary, the FED plans to remain “highly accommodative” even after the first rate hike occurs.

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