Forum Post: gold jinyu Nov. 4th precious metal (gold) price trend analysis
Posted 9 years ago on Nov. 4, 2014, 2:42 a.m. EST by goldhj
(7)
This content is user submitted and not an official statement
International gold yesterday dropt slightly, started dropping after climbed to 1170, then corrected around 1165 in U.S. trading time, market is still bearish, gold appears weak, in today’s Asia trading time, gold raised slightly, currently basing around 1166.
U.S. October manufacturing PMI performs good, boost USDX hit another record, the drop of international oil price effect gold in a bad way, caused gold’s drop after trying to rebound. currently gold daily chart price still not stabilized yet, trading short seems the better choice.
Read the Rules