The Wild Card Gold 24 Aug 2009

 

The Wild Card Gold 24 Aug 2009

Monday, 24 Aug 2009

Will the,'s Bearish Trend Continue this Week?

The Wild Card

Gold


Gold prices saw a bullish trend during last week's trading session, and an ounce of gold is currently traded for over $952. However, as a bearish cross is taking place at the 4-hour chart's Slow Stochastic, it appears that a bearish correction might take place soon. This might be a good opportunity for forex traders to catch the trend at its beginning
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