Google Plus Facebook LinkedIn Twitter Vimeo RSS

Business: Despite the selloff, gold is flashing a secret buy signSource: Yahoo Finance

Tuesday’s steep selloff breaks gold's five-day winning streak. The yellow metal had hit a three-week high to $1,328 per ounce as tensions mount between Ukraine and Russia.

But, according to “Talking Numbers” contributor Richard Ross, global technical strategist at Auerbach Grayson, the rout is providing a good buying opportunity, as the charts are doing something they haven't done in a while: flash a buy sign.

Continue reading.

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!