Gold Daily Review for November 9, 2018
|Gold and crude oil prices may accelerate downward as an upbeat statement from the Federal Reserve boosts rate hike speculation and sends the US Dollar|
|The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.|
|Gold rose to test daily highs at $1,227 after the release of the FOMC statement but failed to break higher and pulled back to $1,223, the same level i|
|Although the greenback suffered losses against its rivals following the midterm elections in the U.S., stock markets’ positive reaction suggested that|
|Gold prices fell on Thursday, with strength in the U.S. dollar prompting the metal to post its fourth loss in five sessions. After prices settled, the|
|Gold’s price hit an 8-day low of $1,219 in Asia despite losses in the major equity markets. The yellow metal eroded trendline rising from the Oct. 9|
Have a nice trading!