gold jinyu Sept. 30th gold price trend analysis *LINK*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

International gold yesterday volatilized and went downside, once rebounded to 1220 then dropt. Price went to 1215 at the end of U.S. trading time, in today’s Asian early trading time, gold rebounded a little, and consolidated at about 1217.

U.S. August core annualized PCE price index and August monthly personal income expenses are better than expected, yet August pending house sales is not as good as expected. Under the combined influence, USDX is basing on a high point; gold , on the other hand, went downside. Currently gold daily chart market price keeps basing sideways after two days of dropping, the pressure comes from 1223 and the support comes from 1211.

http://www.hj9999.com/trading-guideline/trend-analysis/

Forum Policy

Return to Index