Gold On The Rise Again In The Near Term

Gold is on the rise again due to the uncertainty in Iraq and Syria. Key levels for gold are $1,180 per ounce as support and $1,400 per ounce as resistance. Gold can bullish in the near term but long term is still bearish.

US Stocks Fall Sharply

The DJIA posted it’s second triple digit decline in a row on Thursday. A host of international and domestic political developments are worrying the traders. The worrying developments include Iraq, surprise defeat of a key House Republican and the poor global growth forecast by the World Bank. “The headlines make people a little bit nervous,… Continue reading US Stocks Fall Sharply

Stock Market Is Saying It’s Time To Exercise Some Caution!

In a recent Yahoo Finance Article, Hugh Johnson from HJ Advisors is reported as saying that it is time to exercise some caution in 2014 as the market is looking almost similar to the market in 2007 before the crash came in 2008. This is what he says: ““Bring down your weight in consumer stocks,… Continue reading Stock Market Is Saying It’s Time To Exercise Some Caution!