Now a days everyone search WHAT IS GOLD TRADING AT TODAY.
The last two weeks I have been following the gold price and the index of gold miners. I can check to see if that points to higher prices or lower in the near future through inter-market analysis, price and volume, along with technical analysis. At this time the cards are still pointing to lower prices in the coming days or weeks.
Looking at the daily chart of Gold
As you can see it has formed a bear flag with declining volume and the price has drifted up in a resistance level. This combination often leads to lower prices. With floating and international fears that inflation has started makes me a little tired of short of gold, but one thing I've learned over the years is that trade on fundamentals and news clips seen television is not a reason to change a setting if one is formed in the coming days.
All you pay in the stock market is when price action is in their favor. This is the reason why the focus on price, volume and momentum, avoiding what others are saying elsewhere. Trade is a numbers game and put my money on the table when the odds are clearly in favor one direction. Unfortunately I have business operations against what the masses think and feel is what to do.
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| What is gold Trading at today |
The last two weeks I have been following the gold price and the index of gold miners. I can check to see if that points to higher prices or lower in the near future through inter-market analysis, price and volume, along with technical analysis. At this time the cards are still pointing to lower prices in the coming days or weeks.
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| Children are collecting Gold. Child labor abuse. |
Looking at the daily chart of Gold
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| What is Gold trading at today |
As you can see it has formed a bear flag with declining volume and the price has drifted up in a resistance level. This combination often leads to lower prices. With floating and international fears that inflation has started makes me a little tired of short of gold, but one thing I've learned over the years is that trade on fundamentals and news clips seen television is not a reason to change a setting if one is formed in the coming days.
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| Raw Gold |