Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Video: Gold — Probable Weekly Cycle Bottom Within Days

January 28, 2011 at 16:56 by Andriy Moraru

According to this technical analysis video that’s trying to make sense of the gold’s weekly chart, the shiny metal is approaching its medium-term bottom in a correction that follows a record-breaking rally. The video analysis uses some very simple methods, including Fibonacci retracements and MACD.

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