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Gold Is Still in an Uptrend: Analyst Aaron Smith Says

Posted on February 01st, 2010 in Aaron Smith, India Shares, gold, inthenews

Filed under: Analyst Reports, Forecasts, Commodities

For those of you who use technical analysis, BusinesWeek brings an interesting one of the gold market by Aaron Smith of Superfund Finance Singapore.

In technical analysis, investors and analysts study charts of trading patterns and prices to predict changes in a security, commodity, currency or index. Moving averages can signal directional trends for a security. Anyone who relies on technical analysis must use some kind of qualifier such as this statement to let the investor know that he/she is not using a fundamental approach such as P/E, sales, net profit, etc.

Continue reading Gold Is Still in an Uptrend: Analyst Aaron Smith Says

Gold Is Still in an Uptrend: Analyst Aaron Smith Says originally appeared on BloggingStocks on Mon, 01 Feb 2010 11:50:00 EST. Please see our terms for use of feeds.

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