Monthly Archives: January 2016

GOLD, the buyers have almost reached the goal!

As I pointed in my previous gold analysis, the buyers are strong in January and they have almost reached my predicted target near 1135. Yesterday high was 1128 and they have stoped by trendline in wich I have pointed in my last analysis from January 26. Gold doesn’t shine today, which is normal according to my technical analysis, the buyers have retreated to lower

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FED, Interest Rate Decision!

FOMC meeting is coming up at 19:00 h (GMT). There is no press conference today and that’s why the monetary policy statement will be important for the market. I don’t see the possibility for FED to raise the rates again, not after December’s hike. So, what could be important for this meeting is external global factors as China slowdown in the first place.  Possible dovish

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