Monday, November 6, 2017

Gold futures at two week low

Gold futures - at two-week low

Gold
slowed the fall, after the
four days in a row failed, but continues to decline slowly. Now,
to 13.41 MSK, it is on the mark
1 119.30 per troy ounce
(December futures), near a two-week
minimum.


Motion
quotations constantly changes direction
amid uncertainty on growth
interest rate in the United States. On Friday, data
on the labor market have not been able to provide
Clarity on this point, and volatility
stock markets worsens
uncertain mood. gold in the
such situations normally should go
up, but now traders say
it is unlikely we will see serious steps quotes
until the Fed meeting. At least
fluctuations in the stock market last
Days sharp reaction from gold
not followed.


spot
Gold continues to test the level of
support $ 1
115 - 1 118. In the short term
traders expect fluctuations in likely
range $
1115 - January 1130.



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