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Gold Bugs Rejoice as Prices Near Major Rally Point

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Gold bugs have something to rejoice about this week as a turnaround in the sentiment towards the commodity markets signals further gains ahead for the embattled metal. Pilloried gold bulls have been pointing to the disjointed valuation of the metal for some time and might finally be seeing their views gain credence as Gold maybe turns the corner. Last week saw a significant rally for the yellow metal, as it moved to close around the $1157 an ounce mark. The rally has been primarily an

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