Will the long-term support line stop the hemorrhaging in the gold market?
Gold is testing its all important trend line that began in November of last year. This lower trend line is at $928.
The question is, is this trend line going to hold and gold will bounce off it and head higher or is this trend line going to be broken and gold will head lower.
In my new short video I will show you some of the key elements and levels that I think should come in and support the gold market.
More on this topic
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Tomorrow: “The Biggest Gold Story of the Last 50 Years Hits the Press?” (McCoach)
(Stock Gumshoe, 3/2/10)
Is It Time For a Run to New All-Time Highs in Gold?
(Gold Versus Paper, 2/16/10)
Gold Price Action May Be Signaling the Next Big Move Up
(Investment Guide|Precious Metal ..., 3/3/10)
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