Gold Breaks Below The 200-Day Moving Average

December 5, 2017 - 5:52pm

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action
Our Stop was hit today. We went long @ 1286. Our stop tookus out @ 1268, for a loss of $18 ($1800 per contract)
Gold Market Forecast

Although the technical indicators could make a case for a triple bottom, All things being equal, the fundamentals do not support that assumption or model

Sentiment Indicator: