Archive for August 24th, 2011

Short-term Forecast for August 24, 2011

Short-term Forecast for August 24, 2011

| August 24, 2011

This update is available only to subscribers. Please login or subscribe to view this content.

Continue Reading

Gold Overbought Correction Continues

Gold Overbought Correction Continues

| August 24, 2011

Gold closed sharply lower again today, breaking below support at the lower boundary of the power uptrend from early August and approaching the lower boundary of the power uptrend from early July. Technical indicators are now moderately bearish overall on the daily chart, favoring a continuation of the developing overbought correction. With respect to cycle [...]

Continue Reading