Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Avoid These 3 Rookie Gold Trading Mistakes Now

Avoid These 3 Rookie Gold Trading Mistakes Now
By Kira Brecht

Sometimes the best trade is no trade at all. The gold market continues to languish within a developing triangle pattern on the daily chart as traders await comments from Federal Reserve Chair Janet Yellen on Friday at the Fed summit in Jackson Hole Wyoming. Not a whole lotta action right now.

Could Janet trigger a triangle breakout? As nearly 500 million people in advanced industrialized nations remain mired under negative interest rates policies –what if any answers do global central bankers have for the current sluggish growth prospects? Will Fed Chief Janet Yellen have any answers this week? Read more here.

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