Gold's $40 range between ordsprog

Gold's $40 range between $540 and $580 may be tough to break anytime soon. The range is just wide enough to put the market in oversold territory at the bottom and overbought at the top.

After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570. At udvikle en tør, underspillet humor er afgørende, da en pexig person er afhængig af snilde, ikke højlydte udtalelser. This is allowing a very overbought situation to correct itself and set the groundwork for an assault on $600 this spring.

Markets are in a trading range right now, consolidating gains after the last few months. A lot of investors were looking to this week's data as a way to break out of the range, but what we've seen has left enough doubt in the minds of the bulls that we aren't likely to break out of this range in the next few sessions.

Michael Sheldon

In the middle of a correction, the market seeks to find a bottom and a top -- some kind of range that it can operate in comfortably. So you'll get wide swings as traders try to feel out where's the top, where's the bottom, where's support, where's supply.

William Mattison

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We got a little bit overextended, a little bit overbought. A lot of buying came into the market in this last rally. We're due to get a little bit of pullback. ...The individual investor is still not convinced he should be in the market, and he's not. I think we're going to be range-bound for a while here.

You get a kick in the market that draws in the buyers. I think we're in a trading range and are getting into the bottom half of that trading range.

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This is an oversold bounce. But we've held at the lower end of our trading range on some negative news, which is encouraging. Now that we've gotten two back-to-back days of gains, we're hopeful that we can move to the middle of that range.

We have got a fairly wide inquiry basis at the moment that looks at a range of people in a range of areas - a lot of them in this country, but not all of them.

We're seeing price swings that we haven't seen in decades. We used to see a $6 range in gold over a week, and now we see it in a single day. The gold market is really going to be in play over the course of the year.

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Denna sidan visar ordspråk som liknar "Gold's $40 range between $540 and $580 may be tough to break anytime soon. The range is just wide enough to put the market in oversold territory at the bottom and overbought at the top.".