Gold Price Technical Analysis: Major Trend Direction
Commodities / Gold & Silver 2009 May 07, 2009 - 04:25 AM GMTToday we're going to take a look at the gold market. While many traders have been frustrated with this market for the past several month, it has in fact performed quite well given the generally negative feeling for most markets.
While the printing press is going at full-tilt in the US and the fact that most people are not involved in the gold market at the present time, it occurs to us that this market could indeed be setting itself up for a nice rally.
In our new video, I explain in detail some key levels to watch for in the gold market. If these levels are broken then you definitely want to take a position in the direction of the major trend.
As always, this video is available with our compliments and there is no registration required.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
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