Gold closes week with first win in over a month and stabilizes above $1250

in #gold7 years ago

 Beginning eight days ago, the historic beatdown of gold appears to be over as the precious metal will close out Friday's market session with the first positive week in over a month.

Solidifying a price back over $1250, gold's move over the past eight days has also pushed it back over its 50 and 200 day moving averages, signalling a strong sign that the price will continue to move higher in the coming days and weeks.

<iframe width="560" height="315" src="

frameborder="0" allowfullscreen></iframe>

Sort:  

Wow, I haven't heard about it! Thanks for sharing, @argonath. Upvoted & Followed you as well!

Danke! :D

excellent! i follow you!