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Since the end of 2011, we have seen a bearish trend in the gold market. Despite the rising demand for gold , we see that the price of gold is falling. Since August we see that the gold price has gone through the first resistance followed by a downward trend. This trend has risen above the first resistance, which is a sign that gold wants to continue this bullish trend .
monitorr
Hi, what is a good entry point?
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luc0s
monitorr
@monitorr, I think now it is a good moment because I think the chart will increase in the long term. It always will have its falls but you need to look at the bigger picture.
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