gold jinyu Nov. 3rd 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 suffered a slump last trading day, approached 1160 after broke 1200, market now is bear and gold keeps weak, in today’s Asia trading time, gold rebounded from 1161, currently closed at 1168.

U.S. September annualized core PCE is as good as expected, besides October Chicago PMI and Michigan university CCI are very strong. USDX enjoyed a raise and breached 87, gold on the other hand, went downside. Currently gold daily chart price is correcting after this big slump, MACD is moving towards downside, under this circumstances, short positions would be a wise choice.

http://www.hj9999.com/

Forum Policy

Return to Index