Gold Prices in Danger of a Key Turn - Here's Why
Trade Implications – Gold: Last week we claimed that the sharp build in retail forex selling suggested that Gold prices may head higher. Yet more recent price action leaves clear risk of a short-term top, and indeed retail traders have shown early signs of turning towards buying into Gold price weakness.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.
Contact David via
Twitter at http://www.twitter.com/DRodriguezFX
Facebook at http://www.Facebook.com/DRodriguezFX