This Newsletter called for Gold to Fall this Week


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As I said last week, I stumbled upon a free (of all things) technical newsletter for general markets including commodities and forex.

In this weeks report, it said "Gold futures... The Volume Weighted MACD (left sub-graph indicator) is downward facing, just broke below the “0” line, which can be seen as bearish. The fast moving average seems to be descending at a slower rate, hinting at a possible reversal for the coming week."

And all the other stuff is great. Check it out.

View this week's report here:

And sign-up for the report, free, here: Benzinga's Weekly Radar: Technical Levels and Analysis for Major Markets |