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Thursday 18 May 2017

Charting commodities: gold in a ‘strong trend’ but now pausing for breath? IG UK

Published on 18 May 2017
18 May 2017: IG analyst, Chris Beauchamp, says that gold is pausing above $1260 and will need to see another leg up on volatility to rise much more. US crude, meanwhile, looks to have turned a corner and recent gains are now in the past.

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