Gold market is currently coming to the down trend and creating opportunity to the sellers. According to the moving average it is blatant hopefully it will keep coming down so the sell entry point should be at 1320.66 and the exit point will be at 1296.40.
I am trading with Forex4you and how far I know about gold analysis in forex market is gold prices rose $7.79 an ounce on Thursday as the dollar softened despite better-than-expected U.S. inflation data. XAU/USD traded as low as $1316.54 before tripping back up to the $1334.30. The key levels remain unchanged, as the market continues to move between the 1334.60-1332 area on the top and the 1318-1316.50 area on the bottom.
Jp Duminy
Posts : 434 Join date : 2017-03-19
Subject: Re: Gold analysis Thu Sep 28, 2017 9:19 am
From the early age I have been trading with short time trading strategy. As a scalper I prefer some specific fast moving currencies to trade. I always trade with gold because it provides me a vast profit within a short time. As a gold trader I have the smart bridge technology with Trade12 broker. I face no technical errors while trading with the broker and enjoys all regulated trading facilities indeed.
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Subject: Gold analysis 
Fri Sep 15, 2017 8:49 am