Gold pushed through well defined horizontal resistance to trade above the major psychological level of $1,300 an ounce in early trading on Friday.
Dovish FOMC minutes released on Wednesday put pressure on the US dollar and boosted gold closer to the $1,300 level now watched by many analysts.
The #1 reason traders fail is due to lack of experience. The best way to speed up your learning curve is to keep meticulous records using a trading journal.
The VIX is a computed index that reflects the estimated market volatility for the next 30 days.