GOLD: consolidation before the publication of statistics on home sales in the US secondary real estate market

June 22, 2015

Sell on a level breakthrough of 1195 with 1189 target. Stop loss = 1200.

Reason for the trading strategy

It is expected that in May, the number of home sales transactions in the US secondary market increased from 5.04 million to 5.26 million. The statistics can support the world's reserve currency. In the short term, the gold prices risk declining to the 1189 dollar level.

Publication source
EXNESS information  EXNESS reviews

January 20, 2017
Advance in inflation across the Eurozone
Euro holds gains against the US Dollar ahead of the ECB rate decision, as majority of economists expect no major updates in the policy, while investors will be taking stock of Draghi rhetoric’s to foresee the timeframe of the next big move by the policymakers...
January 20, 2017
US oil inventory draw gave a temporally support for oil prices
Oil prices remained in red figures after Wednesday's bearish acceleration. Brent a little changed on the day and remained prone to more weakness on Thursday. The benchmark stayed neutral around 54.50 dollars per barrel flirting with the level during the European session...
January 20, 2017
Pound gives up gains
The British pound has pulled back sharply today after making its biggest 1day gain in nearly 20 years’ yesterday, as fears once again crept in about where Brexit will lead to...

XTB Rating
FxPro Rating
Tickmill Rating
Z.com Trade Rating
Grand Capital Rating
Trade360 Rating

Migesco Rating
99Binary Rating
OptionFair Rating
Porter Finance Rating
Anyoption Rating
Binary.com Rating