Skip to main content

Precious Metals Update Video: Gold is very oversold

We are in the post-FED environment, a bank stress test is also due after the close today.  Gold is back to the 18 week moving average, but 100-d.ma. around $1796 and 200 dma is at $1849 area. Gold needs to clear the 100DMA to test the 200DMA.

 

About the author

Average: 3.5 (2 votes)

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina