gold jinyu Oct. 27th 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 price dropt slightly last trading day. Gold, depending on the support comes from 1226, once rebounded to about 1235 then dropt to about 1230 and started basing, market bearish and bullish are trying to dominate the price, in today’s Asia trading time gold rebounded slightly and basing around 1231.

U.S. September new home sales increased slightly, added by the strong existing home sales, the house market is getting stabilized. USDX still has the power to rebound, gold faces some pressure and started correcting. Currently gold made a three days dropping, MACD red bar is tend to shrink to zero axis, gold is facing the resistance from 1236 and support from 1226.

http://www.hj9999.com/

Forum Policy

Return to Index