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Gold Prices Remain a Sell For These Two Reasons

Gold Prices Remain a Sell For These Two Reasons

2014-01-09 16:20:00
David Rodriguez, Head of Product
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ssi_GOLD_body_Picture_13.png, Gold Prices Remain a Sell For These Two Reasons

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GoldRetail forex traders continue buying into gold price weakness, and a contrarian view of crowd sentiment leaves us in favor of further declines.

Trade Implications – Gold: The combination of one-sided crowd sentiment and a bearish Gold technical forecast keeps our focus firmly to the downside.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

ssi_GOLD_body_Picture_9.png, Gold Prices Remain a Sell For These Two Reasons

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