Gold Daily Review for November 7, 2017
|China’s richest sovereign wealth fund is teaming up with Goldman Sachs to invest at least $5 billion in mostly U.S. manufacturing, a person familiar with the matter told CNNMoney.|
|The five largest U.S investment banks reported almost $2.7 billion in M&A advisory fees in Q3 2017, with Goldman contributing more than one-third of that figure. Notably, Q3 2017 was one of the best quarters in terms of advisory fees for these banks|
|Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.|
|Goldman Sachs thinks bitcoin still has more room to run. The red-hot cryptocurrency, which has gained more than 600% this year and is currently tradi|
|Gold futures settled sharply higher Monday, along with broader gains in the commodity complex, as a surge in prices of crude oil offered some signs of|
|The gold price forecast is bearish so long as trade is below $1357 for a target near $1200 in the coming weeks.|
Have a nice trading!