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  1. #1
    Rookie Member sebastiaofv's Avatar

    haloween Gold Eases Following Strong U.S. Economic Data !!!

    Gold started Monday lower as a series of strong U.S. economic data eased fears of a slowdown in the global economy, dimming its safe-haven appeal while supporting equities and the U.S. dollar. Although Spot gold slipped $1 to $1,236.60 an ounce for a third straight session, it had gained nearly 4% in the last two weeks, hitting a one month high of $1,249.30 on Wednesday. Global equities also appear to have recovered from last week’s sell-off with strong gains recorded later in the week, putting downward pressure on precious metals.

  2. #2
    Moderator Kolyo's Avatar
    You are right gold is still under pressure of moving lower. I don’t think this mood will be reversed till the end of the year. For now I will wait and not taking more Calls as they seems unproductive yet.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  3. #3
    Legendry Member Michael Hodges's Avatar
    good analysis, YO, this is the link to the gold and silver discussion we have going on over in the war room. come join us!

    http://forums.binaryoptionsthatsuck....9349#post39349

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