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Jerry82
Member since April 2017
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The Daily Market Report: Both Technicals and Fundamentals Remain Supportive for Gold - USA GOLD - USA Gold

Very informative, thanks. The catalysts right now for gold are indeed strong. I also don't think these geopolitical risks are going away anytime soon. There is just too much uncertainty so gold should have a good amount of time to climb even higher.

Commented 2525 days ago

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Beginning of the headline :USAGOLD/Peter Grant/05-19-17 The dominant trend in the gold market remains positive, despite the recent multi-week pullback. The yellow metal appears poised to end the week with a 1.8% gain, the biggest in more than a month. The technical picture remains constructive with gold holding above key moving averages. The 50-day MA remains above the 200-day MA, sustaining the “golden-cross” that occurred late last week. When the 50-day moves above the 200-day moving average, it is typically interprete... Read More

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