Forum Post: gold jinyu Oct. 10th gold price trend analysis
Posted 10 years ago on Oct. 10, 2014, 2:56 a.m. EST by goldhj
(7)
This content is user submitted and not an official statement
International gold price dropt from a high point. Price once climbed to about 1230 during Europe trading time, then dropt to about 1223 and started basing in U..S trading time. Further raising suffered a blow, in today’s Asia trading time gold corrected at about 1220. Latest initial jobless claim is better than the expectation, the four weeks average keeps going down indicates that job market is still steady. USDX enjoyed a boost and rebounded. Currently gold daily chart price made a long upper shadow and needs further correction. MACD signal and main line is going smooth, which indicates that violent fluctuation is possible, intraday band trade would be good.
9:09 EST 10/10/14 Crude Oil WTI 85.82 0.0 0% Brent 90.21 +0.16 +0.18% GLD 1221.70 0.0 0% SIL 17.30 0.0 0% COP 303.50 0.0 0% LME AL 1,930.00 -57.00 -0.85% "Ready for the shuffle? Ready for the deal? Ready to let go of the steering wheel?Ready? Ready for the Crush?"-U2 "Zoo Station" 1991
3:37 EST 10/10/14 Crude Oil (WTI) 84.86 -1.31 -1.53% Brent 89.10 -0.95 -1.53% GLD 1,221.50 -3.80 - 0.31% SIL 17.27 -0.15 -0.89% COP 300.45 -2.55 -0.84 AA:US 15.3900 -0.6800 -4.25*Monday,October 13,2014 could be a remarkably bad day on Wall Street-for the 99% Keep on stackin' physical.