Gold News Reviews 

Gold Daily Review October 4, 2017

Gold Daily Review for October 4, 2017

Gold Price Declining Towards Big Support, S&P 500 May Pause Soon

In today’s outlook, we honed in on gold’s decline towards an area of confluence of support; equity indices remain strong but have overhead levels to

 

CurrencyInPlay: $GBP weaker after PMI disappoints, Gold at 1270

 

Goldman Sachs’ Bitcoin Desk Would Attract Mega Funds

Goldman Sach’s is the powerhouse of the Wall Street and if the bank is going after the cryptocurrency space, it must only be due to the one specific reason.

 

Gold Bearish Prospects Remain Intact

The combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.

 

Lloyd Blankfein says he’s still studying bitcoin, people were also ‘skeptical when paper money displaced gold’

The billionaire banker joins a string of top Wall Streeters who have weighed in on bitcoin.

 

Crude Oil Prices Aim Below $48, Gold Rebound May Soon Fizzle

Crude oil prices look poised to test below the $48/barrel on the WTI benchmark after breaking another layer of chart support. A nascent gold recovery

 

Have a nice trading!




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