The chart below shows that the gold price has broken down through the long term uptrend, answering last month's question in "Gold price test".
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Courtesy of OptionVue Systems |
The gold price 2008-2012
To trade forex, gold, commodities, the stock market, and futures you need to be aware of how international strategic motivations affect market sentiment. Prices are driven by "groupthink" perceptions of the unknowable future. News is incomplete or manipulated. We try here to penetrate beneath the spin to understand how strategic interests, international politics, and strategic mistakes affect future sentiment, to forecast price trends.
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Courtesy of OptionVue Systems |
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