Posts Tagged ‘move-lower’

During yesterday's incline, gold corrected 38.2% of the second wave of the IM which started from the record at 1424.00 per ounce; therefore, gold might move lower over intraday basis today to form the fifth wave. This IM -Impulsive Wave- is forming the Full story

SmarTrend's candlestick pattern scanner has detected a potential bullish harami candle pattern for shares of Barrick Gold (NYSE:ABX). Today's real body is within yesterday's body and may imply that traders and investors believe that the recent move lower Full story

The move lower in gold today was attributed to easing concerns over Greece and consequently Europe in general which led some to move back into the Euro and out of gold as fears subsided and safe haven trades were reversed. Full story