How Oversold Can Gold Price Get?
“Gold is now extremely oversold, with emotional opinion in paper markets unanimously bearish. Traders tell us the 200-day moving average is well and truly broken and the next support level is $1260. However, when gold broke down through the $1280 level yesterday it rallied sharply to test the $1300 level in a one-day spike reversal. “ Read More
Commodities / Gold and Silver 2014 Apr 25, 2014 – 12:29 PM GMT