Gold Stymied at $1480 as April Ends
Chart painting or legitimate selling pressure, that’s the question I have as April trading finishes in Gold and Silver.
Friday’s high of $1485 has yet to be challenged again as the line has been drawn at $1480 per ounce. even this morning’s bounce on the announcement of the ECB planning to cut interest rates was met with the well characterizedinfinite wall of selling to keep the price under a certain level.
Read More: http://economicrisis.com/gold-stymied-at-1480-as-april-ends/6543