Comex market Update – Technical Analysis ( Comex Investment)

June Comex Gold futures finished unchanged on Friday. Earlier in the week, it finished only 50 cents higher for the month after reaching its highest level since January 2015, narrowly avoiding a monthly closing price reversal top. This indicates investors may not be buying into the so-called bull market.
Last week’s weaker U.S. Dollar didn’t help gold prices at all. Traders instead were primarily focused on the direction of the stock market. Gold is likely to continue to feel downside pressure as long as stock prices remain strong. The price action also reflects confusion over the direction of U.S. interest rates.

Keep Touch With us for Comex trading signals , Comex Trading update , Commodity Live Pics or Comex trading Signals

* Have you like 3 days free trials for Comex Signals ? *

 

 

 

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s