Is Gold in a Trading Range…
| July 20, 2009 | Posted by admin under Stock Market Analysis |
In today’s video we’ll be looking at gold.
After a spectacular run-up in gold values in the last decade, gold prices have slowed down and have entered into a broad trading a range. In today’s video I will be looking at what are the likely scenarios that come out of this 14 month trading range.
This week (starting 7/20) could be enormously important for the yellow metal as a key level is within striking distance which will kick this market into action. In this video I give you a specific level that I am watching personally in this market.
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All the best,
Cory Mitchell, CMT
Chief Market Strategist
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