Edit Your Comment
Gold
Member Since Nov 17, 2015
3 posts
Member Since Mar 25, 2015
74 posts
forex_trader_349955
Member Since Aug 07, 2016
37 posts
Dec 22, 2016 at 15:21
Member Since Aug 07, 2016
37 posts
RichardBills posted:
Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄
Exactly!
Dec 23, 2016 at 13:39
Member Since Jul 13, 2016
36 posts
RichardBills posted:
Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄
Oh yes, the US dollar is intrinsically linked to the trade in gold. It is a good opportunity to negotiate. 😀
Member Since Oct 02, 2014
909 posts
Member Since Mar 25, 2015
74 posts
Member Since Oct 02, 2014
909 posts
Jan 05, 2017 at 15:53
Member Since Jan 14, 2011
37 posts
Look at this positions, they have lot of longs positions
Member Since Oct 02, 2014
909 posts
Member Since Nov 29, 2016
6 posts
Jan 08, 2017 at 08:02
Member Since Nov 29, 2016
6 posts
RichardBills posted:
Gold went down against the US dollar more than 100 points over the last month which is closely related to the USD bullish rally after the elections. Strong bearish sentiment bringing solid sell opportunities ahead 😄
There are many factors that may cause the Gold’s rally, one big factor is the uncertainty that lies ahead with the turn over the new presidential administration. Another factor is the Brexit which weakened the trend in yuan. The rising price of Bitcoin which is very popular to Chinese investors who are looking to reduce to their currency is another great factor for the Gold’s rally.
Source: https://www.funds-money.com/gold-price-rally-market-anticipates-fed-minutes/
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.