Weekly Forex Forecast – S&P 500 Index, Silver, Gold
From dailyforex.com
I wrote on 31st August that the best trades for the week would be: • Long of the S&P 500 Index if we see a daily (New York) close above 6,515. This did not set up. • Long of Gold or following a daily (New York) close above $3,500 for more cautious traders. Gold rose by 4.10% over the week. • Long of Silver or following a daily (New York) above $40 for more cautious traders. Silver rose by 3.19% over the week. • These trades produced an overall gain of 7.29%, equal to 2.43% per asset. Last week saw very low directional volatility in the Forex market, even though it was the first week of September when markets ...
(full story)