The purpose of this site is to help share information about the financial markets to all investors.
Stocks, bonds, mutual funds, options, etfs, savings accounts, and interest rates will be the main topics of discussion.
Wednesday, March 08, 2006
Gold Looking Oversold
Nymex spot gold looks oversold from a technical standpoint. There seems to be some short term support around $540. The next level of support seems around $520 and then $490. Keep an eye on gold the next couple of days.