Aug. 27th gold price trend analysis *LINK*

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Aug. 27th gold price trend analysis
International gold dropt from a high point, volatilized and went upside till about 1290, then declined. At the end of U.S. trading time price corrected itself at about 1283;during today’s Asian trading time, gold rebounded slightly, currently moving around 1284.
U.S. July Durable Goods Orders and August Conference Board's consumer confidence index released yesterday is strong, which keeps lifting U.S. dollar index up and presse gold’s rebound, currently gold is stabled at 1280 and expected to get development. Upside resistant line is 1290, 1280 would give some support from downside.

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

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