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Gold Market Update - 2nd Nov

2/11/2012

1 Comment

 
Gold attempted to take out key resistance at 1730 yesterday afternoon, however this proved too much and a mild sell off followed.

The market has fallen below 1710 this morning, though 1700 is solid support and we expect any retest of this level to hold.

The big economic news today is the non-farms payroll numbers out of the US.  This number is always keenly watched, though this month it has taken on even more importance with the US Election just days away.

Today's video looks at the market action from yesterday and our thoughts on today's trading session.
1 Comment
Sell Gold link
4/11/2012 10:02:13 pm

Thanks for the update.

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