Commodity Trade Mantra

Posts Tagged ‘Catalyst for Gold’

A Bearish Tilt to the Gold and Silver Market - A Great Risk-Reward Setup

Gold is about to see the 50 DMA above the 100 DMA above the 200 DMA. This golden cross setup is seemingly timed to catch people off-guard given the poor sentiment we see now, yet will trigger buy signals for technical traders & algos. And if you think the stock market won’t be allowed to drop because it’s never allowed to drop, ask yourself WHO has not been allowing it to drop for the last 8 years?

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