2775 USD in 50 minutes

Statement by EU Commissioner Pierre Moscovici

Gold depreciated sharply, reaching the lowest from May 11, 2015, due to the statement by Pierre Moscovici, the EU commissioner in charge of economic and financial affairs, in regard to the situation around Greece. He stated that in the course of negotiations between Greece and its creditors, serious success has been achieved, however there is still a necessity for further joint efforts to seal a final agreement.
On June 3, 2015, gold dropped by 1110 pips in less than an hour, which allowed to make $2775 by a sell position, with trading one lot.

Statement by EU Commissioner Pierre Moscovici

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