20.11.2014 7:07 XAUUSD
GOLD: Consolidation in the 1177-1204 range
Buy on a level breakthrough of 1184 with 1204 target. Stop loss = 1170.
Reason for the trading strategy
In the October protocols, the US Federal Reserve representatives noted the risk of short-term reduction of inflation in the country due to the fall in oil prices. However, the central bank leadership continues to believe that inflation will go towards the target level of 2% in the medium term. These figures are moderately negative for the US dollar. In the short term, we do not exclude that gold will rise to $ 1204.
GOLD, H4
![]()


Thread: 

Thanks







Currently Active Users
Forex Forum India Statistics