Posted 5 years ago on Oct. 14, 2014, 4:43 a.m. EST by goldhj
This content is user submitted and not an official statement
International gold suffered a violent fluctuation, price climbed to about 1236 then fell to below 1230 in yesterday’s Asia trading time, and it raised again and climbed to a bout 1235. In today’s Asia trading time, gold corrected slightly and fell to about 1233. Fed official Evans’s speech favors the dove faction. He emphasized that Fed will postpone the raising of interest rate. His speech added by the Ebola caused Euro-U.S. stock market to fall and gold to raise. Currently gold made a medium raise, the rebound keeps effect gold. MACD data gives buying support, long positions during intraday correction would be good.