FX Signals Gold Prices drop as US Dollar Firms

FX Signals Gold Prices drop as US Dollar Firms

Daily Live FX Signals Gold Prices drop as US Dollar Firms – FxPremiere Group Live SMS Email sent daily for live Forex Capital Markets.

FXPremiere | FX Signals Gold Prices drop as US Dollar Firms

Talking Points by FxPremiere Group SMS & Email Alerts sent daily for major currency and commodity pairs:

Gold Prices Slide as US Dollar Firms
Daily Support for Gold is Found at $1,225.61
Looking for additional trade ideas for Gold & the US Dollar? Read Our Market Forecast

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Upcoming UK/ EU Event Risk

EventsDate, Time (GMT)ForecastPrevious
Germany Wholesale Price Index (MoM) (Jan)Feb 13, N/A1.3%
Germany Wholesale Price Index (YoY) (Jan)Feb 13, N/A2.9%
European Commission Economic ForecastsFeb 13, N/A

See the LIVE FOREX NEWS impacting FX markets is scheduled for the week. FX Signals Gold Prices drop as US Dollar Firms
Gold prices are moving upwards and downwards in a volatile state trading, as the US Dollar rises in strength in the short-haul. Gold prices are continuing to trade lower after highs seen at $1,245.50 last week. This Drop in short-term trend for gold may still be bullish. Prices remain supported by a rising 11 day EMA @ $1,225.55. If prices become volatile here, forex signal traders may look for ongoing bullish trends. However in the event of a breakout below $1,225.70, the trend in gold may seem bearish for this week’s forex trading. Join our daily news | FX Signals Gold Prices drop as US Dollar Firms

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FX Signals Gold Prices drop as US Dollar Firms

FX Signals Gold Prices drop as US Dollar Firms

World Traders watching the US Dollar Basket should note that the Index is currently higher in the short-haul.

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Alternatively, US Dollar begins to drop, FX traders should look for the Index to decline below today’s 11 day EMA at 100.50. A move below this state shifting in momentum for the US Dollar and open up the Index to then retest.

US Dollar Basket, with Averages

FX Signals Gold Prices drop as US Dollar Firms

FX Signals Gold Prices drop as US Dollar Firms

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