Another bad day for gold bugs yesterday with the metal closing with a wide spread down candle on the daily chart. Looks very bearish and any move below $1252 per ounce will see the metal continue lower. Silver is much the same – catch my post here:
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.