“Gold specs returned to reducing length, as investors took profits amid a more stable equity market,” point out TD Securities reviewing the latest CFTC report. Key quotes “But, with the equity market still on edge and the VIX north of 20, along with the US dollar easing off the highs and the Chinese Yuan strengthening amid trade optimism, traders likely took on some new longs at the end of the week.” “But given the strong US economic data and with the dollar remaining relatively strong, we do not anticipate enough investor interest to drive gold materially above $1,240/oz in the near term. “ FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index Technical Analysis: DXY bulls regain some ground after Thursday’s selloff FX Street 4 years "Gold specs returned to reducing length, as investors took profits amid a more stable equity market," point out TD Securities reviewing the latest CFTC report. Key quotes "But, with the equity market still on edge and the VIX north of 20, along with the US dollar easing off the highs and the Chinese Yuan strengthening amid trade optimism, traders likely took on some new longs at the end of the week." "But given the strong US economic data and with the dollar remaining relatively strong, we do not anticipate enough investor interest to drive gold materially above $1,240/oz in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
