A couple days ago I highlighted the apparent weakness in gold prices. If you missed the post you can view it here. The key support level gold bulls were hoping would hold collapsed yesterday along with equity prices. Rarely do you see gold prices fall in tandem with equity prices. That’s what makes this sell […]
For those of you who like to review charts, the gold market setup is very interesting at the moment. Take a look at the chart below and notice the base that has formed since the early August peak in gold prices. Yesterday, sellers pushed gold prices below this important support level. Interestingly enough, buyers stepped […]
