Newmont, the Gold ETF (GLD) and gold itself have completed rally’s and (potentially) bearish pennants on the weekly charts. Gold may face selling pressure in the short term as price meets overhead resistance. Also there are a couple of contrarian indicators which I spotted in this month’s issue of these popular magazines. Purely on balance [...]
Archive for the ‘My SIPP portfolio’ Category
Short term gold picture
Posted in Gold, Gold stocks, My SIPP portfolio, tagged commodities investing, gold 2009, gold price, Leveraged oil ETF, trading commodities in 2009 on January 8, 2009 | Leave a Comment »

