“Foundation For A Rebound?” – Gold Jumps Above Key Technical Level On Heavy Volume

by Tyler Durden
ZeroHedge.com
Nov 21, 2017

The last 3 days have been ‘nosiy’ in precious metals markets with gold swinging from the best day in 5 months to the worst day in 4 months and now to another high volume surge, breaking the barbarous relic back its 100-day moving-average…

It sems the 100DMA is a key level with heavy volume being used to push gold futures around it.

UBS asks “Is gold establishing a foundation for a rebound?”
Gold longs rebuild while shorts continue to hesitate

The Rest…HERE

This entry was posted on Tuesday, November 21st, 2017 at 11:45 am and is filed under Economics, Survival. You can follow any responses to this entry through the RSS 2.0 feed.