The Traderszone Network

Published in TZ Latest News 3 May, 2014 by The TZ Newswire Staff

GLD: A Very Dangerous Set Up

By Avi Gilburt:

The Ukraine. Unemployment numbers. Quantitative easing. To “taper” or not to “taper.” Chinese demand. Indian demand. Manipulation. Comex gold inventories. GOFO. These are all supposed factors many claim are the “key” to the gold market and, as you can see, these “keys” are quite numerous. Does this not leave your head spinning in trying to determine what to watch? It begs the question “was the rally on Friday due to the Ukraine or the jobs number?” And, how do you make such a determination?

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