The Traderszone Network

Published in TZ Latest News 18 October, 2016 by The TZ Newswire Staff

Rally Likely Short-Term – Gold Forming a Rounded Bottom

As our short-term indicators have been suggesting, the market has taken to a rally. I don’t expect it to do much more than switch a few STTM signals from Neutral to Buy and likely whipsaw back again. Their were two new ITTM Neutral signals added to the DP Market/Sector Summary posture table. The Dollar and Gold are at decision points, both have paused. We’ll look at the implications…