Gold track after U.S. election

Gold track after U.S. election

Rami
10 (11) 2016 - 13:57 (GMT)
0

The Precious Metal faced high liquidity at U.S election day where managed to accelerate toward (1337) before Gold head for rapid drop despite the republican winning the election which confused the traders for such movement.

Technical Analysis within Short-Run still need a daily and weekly close above (1315-16) zone in order to gain more strength which if followed by another break above (1330) will be a conformation for farther advance toward (1370) and above.

The time been showing downtrend pressure still affecting Gold while a rebound correction toward (1305-10) may or may not hit the market before downtrend wave continue toward (1200-10) zone

GOLD

× Article short link: https://ramifx.com/?o4n8M7

Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

leave a comment