CapitalHubs

Bearish Tone For The Gold?

BATS:IAU   ISHARES COMEX GOLD TRUST
201 0 1
After successful brake above the triangle consolidation almost everybody started buying on the evidence of renewed bullish trend . However the party lasted up to yesterday, when the price of $1632 closed below long term trend (200-day moving average ). The most bearish case is around $1500 level. However the overall expectations for the gold             support long term appreciation with target price $1950.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out