Thursday, June 28, 2012

Quick Gold Statistic

Hey Traders,

   Below is a study I've done on Gold, testing the last 10 years.


Gold has fallen roughly 4.1% over the last 10 trading days and is currently trading under the 50 day moving average. Historically, it seems gold would be a good buy, for roughly a 4% return after 50 trading days. (70% win rate over last 10 years).

Hope this helps!

Julian

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