Monday, July 28, 2014

Dennis says Gold prices has held its support

We caution everyone to be aware of the fact that although there shall be a great deal of conversation in the media about gold’s weakness it is worthy of not that gold even in US dollar terms has held its lows for the past full year and that the low made nine weeks ago was above the lows made in December of last year.

Interim lows have held at progressively higher levels. The psychology of the market may seem bearish, but the price action in broad terms is not.


via - http://www.bulliondesk.com/gold-news/us-gold-bullion-rises-as-stocks-consolidate-78992/