Daily Technical & Fundamental Analysis: 29.06.2011

Dear Trader
The gold prices have risen this morning reaching 1507 an ounce thanks to optimism that the Greek parliament will adopt an austerity plan later this Wednesday, which boosted sentiment towards metal and other primary commodities.
Additionally it has a positive impact onto the euro/dollar pair.Today at 3.00 p.m GMT is the release of Pending Home Sales compared with last month; this data will affect the U.S. dollar.

MBCFX Forex & CFDs Brokerage Firm