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Gold bounces away from $1170

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 21, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    After encountering some profit-taking over the past three trading days, Gold rebounded strongly yesterday and gained close to $15 to trade back towards $1180. Despite already recording gains close to $90 since the beginning of October, I remain bullish on Gold and believe that the metal can continue this strong momentum until the end of the year. What needs to be taken into account is that it is not only pushed back US interest rate expectations that can provide positive momentum for Gold, but

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