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Gold, Silver and US Dollar: A Technical Take

October 11 2011, 09:24

FMX|Connect- WWW.FMXConnect.com (Reported on 10/11/2011)

Gold, Silver and US Dollar: A Technical Take

Source: EconMatters.com

Last week, we wrote that gold and gold stocks could be at – or very close to – a bottom. So far so good, as the miners rallied out of oversold conditions.

Gold found support at the 35 weeks Exponential Moving Average, and RSI held above 50. That’s a good sign so far: To read the full article, Click Here.

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