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Forum Post: gold jinyu Nov. 13th precious metal/commodity (gold) price trend analysis

Posted 2 years ago on Nov. 13, 2014, 3:39 a.m. EST by goldhj (7)
This content is user submitted and not an official statement

International gold price volatilized and went downside. After climbed up to 1168, price dropt because of the pressure, it based around 1161 at the end of U.S. trading time. In today’s Asia trading time gold raised from a bottom line, climbed from 1156 to about 1160. U.S. September Wholesale Inventories and wholesale sale is slightly better than last month, which boost USDX rebounded sharply, Europe currencies went down along with gold. Currently gold daily chart price is basing, MACD main and signal is going smooth, increasing the market volatilization cycle, band trade during intraday trading would be a good choice.

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