Gold Forecast June 5, 2014, Technical Analysis » Fx Empire Network
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Gold markets did almost nothing during the session on Wednesday, as one would expect with so much news coming out over the next couple of days. Keep in mind, the ECB meeting today could have an effect on gold prices, just as a move could come from the nonfarm payroll announcement on Friday out of the United States. With this, the market does look a little susceptible to selling pressure though, and as a result we feel that this market could very easily sell rallies off, and possibly head down to the 1200 level.
Gold Forecast June 5, 2014, Technical Analysis
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Gold Forecast June 5, 2014, Technical Analysis » Fx Empire Network
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