purpose only. Dollar weakness and a major rise in geopolitical uncertainty before gold prices break out above 1,300 an ounce. A Traders Market, adam Button, currency analyst at m, described the current price action in gold as a short-term traders market with understanding candlestick charts forex active traders riding 10 to 15 in both directions.
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Economic calendar fills up with the highlight being Octobers.S. The British Pound suffered heavy losses yesterday ahead of a House of Commons vote on an amendment that would force the UK into the EU customs union if no new post-Brexit trade agreement were reached. He added that he sees room for gold to move higher in the near-term but doesnt think the market has enough momentum to push above key resistance around 1,310 an ounce. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Dollar remains sensitive to tax reform proposals slowly moving through the House and Senate. Currency analysts at Brown Brothers Harriman said that the main differences le wagon acfx forex between the two proposed bills are that the Senates version eliminates the so-called state and local tax (salt) deductions and delays the corporate tax cut a year until 2019.
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