The Gold Meltdown – What Happened?
I truly enjoy technical analysis but due to time limitations I am not posting much T.A. on the site any longer. For those of you wanting to learn more on the recent plunge in Gold prices here is a video/commentary from Adam Hewison of MarketClub:
In today’s Trade School video, we’re going to be looking into what caused the recent meltdown in gold prices. How could gold drop so precipitously in such a short time, given what’s going on in the world? Did it have anything to do with the ETF GLD or was a country forced to sell its precious metals to satisfy creditors?
In this short 4 minute video on gold, I will illustrate the importance of having a solid game plan and a market-proven approach. We will go through each trade in gold and share with you the results of using our Trade Triangle approach from the beginning of the year.
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2013-04-15 21:45:20
Source: http://www.scottsinvestments.com/2013/04/15/the-gold-meltdown-what-happened/
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