24.06.2014 - The downtrend in gold is under threat
The rally in COMEX gold prices from $1,250 has gold bulls excited. After more than 2 years of falling prices is this finally the turnaround that gold bulls have been hoping for? The gold chart doesn't give a clear answer but it sets key trigger points that allow traders to make a better decision. Let's start with the bearish view and look at features that suggest the rally is temporary and the downtrend will likely continue. There are three resistance features that can limit the rally...............................................Full Article: Source
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