Archive for October 7th, 2010

Gold Rally Finally Takes a Breather

Gold Rally Finally Takes a Breather

| October 7, 2010

Gold moved above $1,360 early in the session before reversing and closing moderately lower today. The advance from late July has been rising at an unsustainable rate and has become overextended, so at least a short-term overbought correction is likely at some point soon and today’s reversal may signal the beginning of that pullback. Power [...]

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Short-term Forecast for October 7, 2010

Short-term Forecast for October 7, 2010

| October 7, 2010

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