GOLD: growth before the publication of the US Federal Reserve's decision on the interest rates

October 28, 2015

Buy on a level breakthrough of 1172 with 1190 target. Stop loss = 1160.

Reason for the trading strategy

The September statistics on the US signify a likely slowdown in the US GDP growth in Q3 2015 and requires the US regulator to conduct a soft monetary policy. At the level breakthrough of $1172, opening long positions in gold can be considered.

Publication source
EXNESS information  EXNESS reviews

December 9, 2016
Coeure - ECB ready to do more
ECB board member Benoit Coeure commented the yesterday decision in a radio interview. The central bank announced QE tapering stressing that it does not mean less engagement...
December 8, 2016
Tapering and extending
The main challenge for markets today will be steering through the messages that emerge from the ECB meeting and press conference. Whereas the Fed meeting next week is seen as a near certainty in terms of its outcome, this is not the same for the ECB...
December 7, 2016
Oil ma pull back to $40
The oil price fell for the first time in 4 days today as skepticism creeped in over some OPEC member’s commitment to keep to their end of the deal and cut production... Trade Rating
FBS Rating
Larson&Holz IT Ltd Rating
Tickmill Rating
Trade360 Rating

24option Rating
OptionBit Rating
OptionFair Rating
TopOption Rating
EZTrader Rating
OptionRally Rating