XAUUSD Gold Forecast And Technical Analysis Dec 14th

Latest News and Fundamentals by Reuters:

Gold inched up in early trade on Thursday as the dollar was nearly unchanged after tumbling in the previous session following the U.S. Federal Reserve’s widely expected decision to raise interest rates, although it left the outlook on rates unchanged.

FUNDAMENTALS

* Spot gold was up 0.15 percent at $1,257.11 an ounce as of 0123 GMT, after rising nearly 1 percent in the previous session.

* U.S. gold futures were up nearly 1 percent at $1,260.60.

* The dollar index, which tracks the greenback against a basket of six major currencies, was little changed, after falling 0.7 percent on Wednesday.

XAUUSD GOLD Forecast And Technicals:

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Source: http://www.fxters.com/xauusd-gold-forecast-technical-analysis-dec-14th/

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