Gold traders are waiting for the gold price to burst out of the triangle pattern. Gold is too oversold and it needs to rebound before it can again start its journey south. One indicator gold watchers like Bankoff are eyeing is a triangle pattern that has formed for gold on a weekly chart (shown), and… Continue reading Gold Traders: There Is Nothing To Support Gold
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Why Next Month Should Be Glowing For Gold Traders?
If you are a gold trader, you can make pips both ways whether the market moves up or down. If gold prices start rising you should go long and if gold prices go down, you should go short. In other words, trade with the trend and you can make a lot of money trading gold.… Continue reading Why Next Month Should Be Glowing For Gold Traders?