GOLD 0.51% $1,391.7 gold futures

pog 1068 is bearish level. Let's see if It can hold above that...

  1. 800 Posts.
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    pog 1068 is bearish level. Let's see if It can hold above that level at the end of the day.

    . Why china just bought more cooper. Why they don't wait after the Fed decision. Is it surely a downtrend?
    Remember how China bought more Gold in August. Pog went up for the next 2 months.

    . Next week there are handful of GDP reports from difference countries. If they are Negative that would reduce the Fed's chances because global economies are still struggling.

    . Corporates profits are down from 8 to 1.5
    Hedge funds are withdrawing their positions in US stocks. If rate does rise the selling pressure is enormous. That's helping pog.
 
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