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Gold Continues to See Value Buying on Dips

From dailyforex.com

Short-term pullbacks offer buying opportunities in a market that's obviously been very bullish, but you also have to keep in mind there are a lot of issues out there that have caused a bit of concern underneath the uptrend as well. After all, that being said, this is a market that I think was overdone and it is a market that will be looking to stabilize a bit, and I think that stabilization is important. In fact, that's the most bullish scenario I have right now: stable with a slightly upward twist. Strategic Market Outlook Buying short-term dips makes quite a bit of sense, but I would not get married to a huge ... (full story)

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  • Category: Technical Analysis