Tag Archive: trading doldrums

Could the Market Be Readying for A Major Rally?

As the summer trading doldrums continue, the gold market has not seen much excitement. The market has, however, dipped down near the $1200 level on several occasions before snapping back by several dollars per ounce. The market seemingly has plenty of reasons to be testing the $1200 level and perhaps even breaking down below it, but thus far it has failed to do so. Could this be an indication of a bottoming process? Although things may not really begin to heat up again until next... Continue Reading