Gold /USD Technical Analysis for September 05 2013 by MBCFX



Gold /USD Technical Analysis for September 05 2013 by MBCFX


The Gold prices have retreated below $ 1400 to reach $1387 per ounce.
 And this level represents a strong support point, and it the Gold/USD breaches down this level, it will decline further to the $1380, then $1375.
We also recommend our dear traders to monitor the ECB report for today, also the US Jobless Claims which will affect the Gold prices.

MBCFX Forex & CFDs Brokerage Firm