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TFC Commodity Trading Forum

Gold jinyu precious metal price daily trend *LINK*

International gold price volatilized and went upside, climbed all the way up to 1248 after stabilized at 1236, at the end of U.S. trading gold corrected around 1247, currently in Asia trading time closed at about 1245.
Dallas Fed President Fisher said that Fed will end QE in the policy meeting at the end of this month according to schedule, yet gold rebounded to about 1250 as the reaction of his speech. Currently gold daily chart is tend to bullish after a few days of winning streak, MACD red bar went smooth, trading long would be a good choice during intraday.