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– Sameer Samana, Wells Fargo Investment Institute (based on Bloomberg)
Pair's Outlook
The yellow metal's price declined on early Monday morning, as the bullion started the session a lot lower than the previous close. The lower opening was caused by the fact that the FBI Director James Comey sent another letter to the congress. This time it was mentioned that the conclusions expressed in July by the FBI have not changed after the latest review. The short version is – Clinton will not be charged by the FBI, ignoring the fact that the guilt of the presidential candidate has been proven.
Traders' Sentiment
Traders have become fully neutral, regarding the yellow metal. Meanwhile, 58% of trader set up orders are to buy the metal.
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