Quantcast
Channel: Currensee Forex Investing Blog » gold
Viewing all articles
Browse latest Browse all 10

Reason to be cautious about further gold declines

0
0
Gold got rather uppity a short while back. After an uneventful couple of months trading in an increasingly narrow range either side of about 1295, the market broke down sharply and eventually got to near 1240. As you can see in the daily chart below, that move came out of a very narrow Bollinger Band set-up, which is quite often the precursor to high volatility moves.

Viewing all articles
Browse latest Browse all 10

Latest Images

Trending Articles





Latest Images