Sept. 10th gold price trend analysis *LINK*

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International gold yesterday raised from a low point, made a valley curve during U.S. trading time. Market price made surge after temporarily drop, collected yesterday’s loss and then started basing sideway. In today’s Asian trading time, gold corrected itself, currently closed at about 1256USD/oz.

The drop from high of USDX yesterday gave gold a opportunity to rebound, the drop also stimulated the mood of avoiding risks. Gold price slowed down its declining pace after several days’ basing sideway, daily chart gold price made along bottoming tail and Calatrava cross yesterday, the pressure from 1260 is still exist.

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

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