Saturday, September 5, 2009

Gold Bugs Index – Monthly Gold Chart Breakdown Breakdown


Breakdown in monthly gold stocks index monthly as traders and investors can make out on the monthly chart, the gold bug index is flouting down beneath the hold up trend line. Investors could be incoming a much superior consolidation stage or perhaps even a bearish marketplace. It really does not matter, as one can take benefit of both side of gold (long and short). The sell side in fact has more potential, but the majority of traders like better to trade the buy side as it is what everybody learns first and feels contented.

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