Gold Futures (Apr 2017)

Penjualan

Gold Continues Selling Off and Hits 50 Day Moving Average

As the NYMEX session began this morning, the selloff in Gold continued and price hit the 50 day moving average @ 1210.80. That was my first profit target. A stronger than expected ADP jobs report this morning further increases the odds of a Fed rate increase this month.

Disclaimer: The post is for educational purposes only. Trade at your own risk.

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