Uptrend for Gold
Posted On Thursday, November 18, 2010 at at 12:04 PM by Finance Fanatic
Nice solid movement coming from the Gold Spot (Forex XAUUSDO). Good regression line and also a pretty solid crossover on the MACD. Definitely a beginning of a good uptrend. Markets rallying pretty good today, which should continue the last hour. I would not be surprised to see half of the profits returned tomorrow as many got a nice little pop today.
All is golden for the prospects for gold.
Gold looks great