As positive outlook on world trading grows we are starting to forget about safe havens. These are the assets which we usually flee to when things get very bad. And as things are pretty good right now, especially in Asian segment of the market which is boosted by the good economic data which kicked in Friday. So, all of these factors are pressuring safe havens into hiding and nowhere it is as obvious today as with gold.
Look at the performance of the metal in the last several hours. We are looking at the lows of the gold we haven’t seen in 10 days. It practically hurts to see the metal like this but it is usually on the rise when things get really bad. So it is an indicator of the economic stability in the world.
Trading signals are going to help not miss the reverse point for gold's price!