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Thursday, July 8, 2010

New Video: Why is Gold Going Down?

This market has surprised many people as they were expecting gold to continue up to the $2000 level without any problems. Normally when you have such the unanimous viewpoint, the markets tend to go the other way. The reason for this is that everyone who is bullish is normally long the market. The current breakdown in the yellow metal has not changed the overall longer term bullish trend for this market.

The question is, how far will the gold move to the downside, and where is support? In this new video we point out some very positive signs as well as some troubling aspects that we see in this market.

This is a video we think you will get a lot out of and as always you are free to watch it without registration. We hope that you have the time to leave us a comment about this video and share your thoughts on the gold market.

Watch Why is Gold Going Down?


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