I take more notice of this than any chart, is Gold currently being bought or sold? Thank you *****. When sellers have been dominant all week and it changes to buyers today, it tells me the tide has turned, at the moment. I wouldn't go as far as chartists and try to predict next weeks direction though, just information to make a guess before placing your bets.
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Did gold really go up 3.10?Yes. The weakened US Dollar was responsible for 1.00 of that increase.
Gold price Change due to Weakening of USD+1.00Gold price Change due to Predominant Buyers+2.10Gold Price: Total Change+3.10