Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.
August Gold Futures This Week
As last week inched up onto Friday the 13th, even the traders that do not consider themselves superstitious were feeling a bit apprehensive about market direction. Many of the major global markets traded in ranges, but overall did not show much promise for anyone hoping to confidently commit to a buy or a sell. Continue reading "Chart of the Week - Gold"
In the not-so-distant past arguing that precious metals prices were setup to fall generally elicited a response which was not real pleasant. In fact, during gold’s infamous bull market rally on several occasions I called for pullbacks which regardless of the accuracy of my call generated hate mail that seemingly never ended.