Gold Forms Overbought Rising Wedge at Resistance

- September 13th, 2010

TheGoldAndOilGuy.com reported on Gold Forms Overbought Rising Wedge at Resistance:

TheGoldAndOilGuy.com reported on Gold Forms Overbought Rising Wedge at Resistance:

When reviewing the metals sector I like to look at it from different angles to get a solid understanding of the patterns and trend forming. I follow multiple time frames along with monitoring the gold mining stocks. Gold stocks tend to lead the price of gold bullion and when its out performing the price of gold substantially by 10% or more you should be expecting a pause or pullback in both gold stocks and gold bullion prices temporarily.

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