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MacroVoices #325 Tian Yang: Is it over yet? What do the data say?
Macro Voices
Is This a Grind for Gold?
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Gold was over sold down to his support line, but really hasn't been that impressive orale. We're sitting right around 18 50 at the time ar recording. If we get back below 18 30, that's going to take out short term moving averages and move us back below ola hanson's long term trend support line. And it's really going to bring some question into my mind as to where this is headed. But i think there is a good argument that the bottom is already in. But this rally needs to hold, and right now it's starting to waver.
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