The gold rally hasn't lost its shine, but Matt Maley of Miller Tabak says one technical red flag is waving.
this year broke above an eight-year trend line stretching to a 2011 peak, and recently snapped above a long-term sideways range, says Maley. This, he says, backs up the long-term bull case for gold.
Gold's relative strength index, a momentum indicator, has spiked above 80 on a weekly basis. It briefly traded at this level eight years ago but has not traded well above it in 13 years. This, he says, could lead to a near-term drawdown in prices. Chad Morganlander, portfolio manager at Washington Crossing Advisors, says global headwinds make the case for gold exposure in a well-rounded portfolio.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'13 Reasons Why' Star on Season 3 Finale Reveal and Humanizing a RapistJustin Prentice, who plays serial sexual assaulter Bryce Walker, was the center of a whodunit mystery in the third season of Netflix's breakout YA drama. 'It's scary to see the human side on an issue like this,' he tells The Hollywood Reporter.
Lire la suite »
13 Reasons Why's Big Mystery RevealedThis is an article about 13ReasonsWhy and who (actually) killed Bryce Walker, but we're really here to talk about Ani, because... we're irritated and this is Twitter.
Lire la suite »
![[Spoiler] Killed Bryce Walker on '13 Reasons Why'...But It's Not That Simple.](https://i.headtopics.com/images/2019/8/26/cosmopolitan/spoiler-killed-bryce-walker-on-13-reasons-why-but-it-s-not-that-simple-1166023431797837824.webp?w=640)
[Spoiler] Killed Bryce Walker on '13 Reasons Why'...But It's Not That Simple.So, who actually killed Bryce Walker on '13 Reasons Why'? It's a long story.
Lire la suite »
Dad says Alaska Airlines ditched his 13-year-old daughter during layover: 'I was shaking'Alaska Airlines is facing criticism after a North Carolina father says his 13-year-old daughter was left alone crying in a San Francisco airport.
Lire la suite »
Everything You Need to Know About '13 Reasons Why' Star Devin Druid's Girlfriend Annie MarieHere are some fun facts about 13 Reasons Why Star Devin Druid's girlfriend Annie Marie.
Lire la suite »