XAU Trading Outlook (18-02-2013)
Oil & Gold (XAU) Gold selling accelerated after the G20 played down the currency wars. OIL/USD fell back sharply from $97.40 to $95.40 reacting to a dip in US January industrial production -0.1% vs. 0.2% forecast.
Pairs to watch
USD/JPY – Back to rally mode target Y95?
XAU/USD – to continue selloff or bounce from $1600?
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