Troubles With Gold

There has been a lot of recent anxiety with gold and questions of whether it is pulling back at this point. Up until now, Gold has been a very bright spot for a portfolio and has shown a lot of strength throughout much of the uncertainty of markets. However now, it is dealing with some selling pressures.

Below is a great video which discusses the latest gold trend and why we may be in store for some more downward pressure. Adam and the guys at INO do a great job at these technical chart analysis and offer videos for free! Just click the link below the video to sign up for their free videos. Tomorrow I will discuss some penny stocks that are catching my eye as of now. Happy Trading.


13 comments:

  1. james moylan Says:

    I have a web site where I research stocks under five dollars. I think gold has gotten a bit a head of itself here. I think its due for a correction.

  2. Anonymous Says:

    Gold is still one of the best investments in my opinion long term. I am buying energy and gold on weakness. I think you made a wrong call on gold here.

  3. Finance Fanatic Says:

    Gold will be a great play next year when inflation hits... It has definitely recovered, but I would not count it out for another pull back before the big jump

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  9. Penny Stock Investing Says:

    As long as theirs termoil in the world Gold will continue to advance.

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