Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Pages
▼
Monday, July 20, 2015
GOLD Weekly Chart at 5-Year Low
Gold drops to 1104 as this message is typed to five-year lows. China data on the weekend indicates that their buying of gold is at a slower pace than expected. The higher dollar also punishes gold. The Indian festival and marriage season is coming which may create stability in the yellow metal. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.