Gold Prices Hit A 5 Week Low

Gold Prices Hit A 5 Week Low
Gold Prices Hit A 5 Week Low

Gold Futures—Gold futures in the April contract is ending the week on a sour note down nearly $15 an ounce at 1,301 after settling last Friday in New York at 1,332 as prices have now hit a 5 week low.

At the present time I do not have any recommendations in the precious metals, but I do believe gold is in a longer term secular bullish trend as I think the downside is limited.

Full text available to Mike’s Coffee Shop Members only.