The Wild Card Gold 24 Aug 2009 - Forex Forum

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24th August 2009, 10:39

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The Wild Card Gold 24 Aug 2009

The Wild Card Gold 24 Aug 2009
Monday, 24 Aug 2009

Will the ,'s Bearish Trend Continue this Week?

The Wild Card

Gold

Gold prices saw a bullish trend during last week's trading session, and an ounce of gold is currently traded for over $952. However, as a bearish cross is taking place at the 4-hour chart's Slow Stochastic, it appears that a bearish correction might take place soon. This might be a good opportunity for forex traders to catch the trend at its beginning
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