kingworldnews.com / February 13, 2017
With the Dow and Nasdaq hitting new all-time highs, gold and silver pulling back, along with crude oil and bonds, today King World News is pleased to present an important update on the war in the gold market from Michael Oliver at MSA. Oliver allowed KWN exclusively to share this key report with our global audience.
By Michael Oliver, MSA (Momentum Structural Analysis)
February 13 (King World News) – We include two different intermediate-trend momentum charts of gold here, simply to make the point that when MSA looks at a trend situation we like to see more than just one X-ray of the market in question. Downtrend parallel channels broken, which means that the intermediate trend is now back into positive mode, thereby joining the already positive annual momentum trend.
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