Wednesday, August 21, 2013

Three Bearish Cases for Gold

As any reader will know, I am bullish on gold/gold and precious metal stocks. However, I do like to follow the bear cases on the yellow metal-related investments. Like the case provided below.

The bearish commentator does miss one bearish case as to why the recent rally may fail...... gold is trading into the April 15th resistance. The heavy volume at this level will likely put some pressure on gold ascents.

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