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6th China Forex Expo of 2017

China Forex ExpoWe have been invited to the China Forex Expo 2017

The 6th China  Forex Expo will be taking place on the 8th and 9th of December 2017 at Great China International Exchange Square of Shenzhen. It is a two-day event for traders, investors, affiliates, IBs, fintech companies and brokers from across China and the world.

With the rapidly growing financial market here in China, we hope this event will provide the know-how about what’s moving the markets via a range of free seminars and an exhibition of forex products and services.

The China Forex Expo is also a great opportunity for brokers from around the world to promote their online forex trading platforms and get direct access to the most exciting forex market here in China. Tens of thousands attendees are expected at the two-day high-level event. Register: www.chinaforexexpo.com 

 

 

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GOLD Forecast. October - November - December 2017. Correction Has Begun

UPDATE 08 OCT. The view below can be affected (change direction to the upside) if any latent Geopolitical situation might arise or escalates. 

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GOLD Forecast. Medium Long term outlook.

GOLD hit our higher target 1350.00 last month (September).

Current price now is in the range 1280.00 - 1270.00 (October 5th)

We are now targetting 1250.00 , possibly lower (1220.00) if we have some volumes. 

 

Trading Idea

GOLD is to SELL the highs. It will keep going lower.  
Charts 1h, 4h and D1.

Note that this is for the months of October, November and December.

Can GOLD go much lower?

No clear view right now about it. First point is that this will need volume in order to go much lower (to break the 1250 level) and second we need to pass the December - January cap to see and update the view. That been said, after December, a rebound (strong) could occur, but it is too early to tell.

 (Updates and signals real time in the Trading room)

 

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