-
Gold And Silver Poised To Rally Despite Economic Slowdown, Fiscal Cliff
Gold and silver have been trading sideways for most of 2012, but these precious metals may make higher prices their New Year’s resolutions. Although this market has been choppy and range-bound, gold appears to be poised for a possible breakout to the upside. Gold (December) issued a buy signal on the daily chart Friday (Nov. 23) following a buy signal last Monday (Nov. 19), which was gold’s first buy signal since the trend changed to the upside. Gold is now super-trending to the upside and has closed above major resistance areas on the daily chart, which now acts as support. I define a super-trend as any market ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 27, 2012 8:24pm Nov 27, 2012 8:24pm
- fxstir
- | Joined Sep 2011 | Status: Its in the waiting | 53 Comments
- Comment #2
- Quote
- Nov 27, 2012 9:21pm Nov 27, 2012 9:21pm
- Subestian
- | Joined Sep 2012 | Status: Member | 76 Comments
- Comment #3
- Quote
- Nov 27, 2012 9:49pm Nov 27, 2012 9:49pm
- multi888
- | Commercial Member | Joined Aug 2011 | 7 Comments
- Comment #4
- Quote
- Nov 28, 2012 12:26am Nov 28, 2012 12:26am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #5
- Quote
- Nov 28, 2012 12:27am Nov 28, 2012 12:27am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....