Tag Archives: gold sell off

Gold Technical charts after worst Sell Off in 30 years

By | April 16, 2013 9:32 am

15 April is the largest one day decline from the previous day’s close @ -9.6%. Volume is already north of 530,000 There have been three rounds of liquidations.  Asian liquidation European liquidation US liquidation phase . You are witnessing an historical selling climax folks. Another trigger for selling is CME Hikes Gold, Silver Margins By… Read More »

Gold Trading Levels after Sell off

By | April 12, 2013 7:50 pm

As discussed on 10 Apr Gold technical analysis Gold is trading near the upper resistance zone 1588-1590$. Unable to break the 1590$ pullback till 1560-62 should be expected which it did the same day. Today after retail sales unexpectedly dropped commodities are having sell off. Also as per Gold technical analysis before crucial Jobs data we clearly… Read More »