Gold gives back gains as the fear trade fades

Author: Forex Live | Category: Education

Gold gives back $25 in gains

Gold remains in positive territory but has given back the bulk of its gains. It's up $10 to $1562 from a high of $1588.

The move is part of a broader fade in the fear trade that started in European trading and has picked up in the past hour. 
 
This chart is beginning to look ominous.
Gold gives back $25 in gains
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