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What’s reason behind gold’s poor performance?

TanEric
May 30 2017 at 10:09
6 комментариев
Is Greece issue is the reason behind poor perfoemance of gold?

Tiffany (TiffanyK)
May 30 2017 at 11:46
427 комментариев
Don’t think Greece situation is the problem with Gold. Greece is mainly a big issue for the EU and the most influence in gold comes from US and Arab countries. Just a point of view.

XharpScalper
May 30 2017 at 12:13
285 комментариев
The reason behind gold poor performance is manipulation and institutional selling of gold ETF. 😐

IN short JPMORGAN and similar institutes are using order-flow to push it down and make profits.

Trade Forex Gold (rbforextrader)
May 31 2017 at 06:03
11 комментариев
Despite the manipulation of gold the volumes allow a weekly return of 30% on average

AmeliaChong
May 31 2017 at 09:24
33 комментариев
Greece issue may have weighed over Treasury yields and AUD/JPY pair, but it hasn’t had any noticeable impact on the classic safe haven asset - Gold.

You can check it out here: https://uaefinancialmarket.blogspot.com/2017/05/gold-is-flat-lined.html

TanEric
May 31 2017 at 09:24
6 комментариев
XharpScalper
May 31 2017 at 10:21
285 комментариев
TanEric posted:
So, should I sell gold or not?


tricky question , it depends on your strategy.

kieran (snapdragon1970)
May 31 2017 at 18:09
1945 комментариев
Strong US economy mostly traded in risky times on the US side, oil prices, time of year demand, more value in stocks for now, waiting for price to fall lower.

XharpScalper
May 31 2017 at 18:21
285 комментариев
kieran (snapdragon1970)
May 31 2017 at 18:34
1945 комментариев
XharpScalper posted:
2 possibilities imho.


1270 needs to hold as a floor support for it to go higher, although now isn't a good time to trade it.

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