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Forum Post: Gold dropped slightly, support line is yet to be tested.(gold jinyu)

Posted 9 years ago on Oct. 15, 2014, 5:10 a.m. EST by goldhj (7)
This content is user submitted and not an official statement

International gold price dropt from a high point, once climbed to about 1238 and pressed by oversell and went downside, yet the decline ratio is limited. In today’s Asia trading gold keeps correcting, broke 1230 and based around 1227. Euro zone economic data continues to point toward a slowdown. the concern of Insufficient demand for crude oil lead oil price’s tumbling, USDX seized the opportunity and climbed to about 86, gold on the other hand, started correcting. Currently gold daily chart made a shade line and started correcting around 1230. MACD red bar went smoothly and made price volatilize. short positions when price touched the resistant line during intraday trading would be a good choice.

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[-] 2 points by trashyharry (3084) from Waterville, NY 9 years ago

"Fuck the EU."-Victoria Nuland*Triple-Dipsy-Doodle-Doo Ftse 6,211.64 -181.04 -2.83% Cac 40 3,939.72 -148.53 -3.63% Dax 8,571.95 -253.26 -2.8% Ibex 9,838.50 -366.40 -3.59% 4:26 pm est

[-] 2 points by trashyharry (3084) from Waterville, NY 9 years ago

Fire in the Hole! Sucker gonna Blow! Occupy said "We Told You So!" *Margin call @ 3:00 BITCHEZ!

[-] 2 points by trashyharry (3084) from Waterville, NY 9 years ago

Molested by Grifters in London-Jackrolled by Bums in NY-Gld 1,242.90 +8.60 +0.70% Slv 17.55 +0.15 +0.70% Buy @250 Cop 300.90 -8.10 -2.62% Two-timing touch &Broken Bones Crude Oil WTI 81.30 -0.54 -0.66% Brent 89.53 -0.51 -0.60% Psycho Bitchez on the Rocks Djia 15,970.04 -345.15 -2.12% S&P 500 1,843.16 -34.54 -1.84% Nasdaq 4,161.95 -65.22 -1.54% Mapleleaf Rag Tsx 13,776.80 -260.53 -1.86% No False Teeth,No Problem iBovespa 55,257.52 -2,757.74 -4.75 Dropcover Eastern Exposure Nikkei 15,074 +137 +0.92 Hang Seng 23,140.05 +92.08 +0.40% Shanghai 2,373.67 +14.73 +0.60% Rama Mantra Needed Sensex 30 26,349.33 -34.74 -0.45% 1:27 EST-Dropping so fast on WS can't record fast enough.

[-] 1 points by trashyharry (3084) from Waterville, NY 9 years ago

PPT No Sleep 'til Brooklyn VIXY:US 28.0100 +2.0500 +7.90%