British Pound Sterling has risen Violently as the Tories have won a resounding...a truly resounding... victory08 May 2015
Just last week, one of my traders made a case for buying spot gold. His reasoning was based mainly on technical indicators. As a price behavior trader, I like to have some “ideas” of what might happen in the markets but only make actual position decisions based on what is happening to prices at the moment. After so many years trading, I know the markets can be capricious and spiteful for those who possess the arrogance to feign understanding of its wisdom. Well, as a trader, it’s silly not to consider the possibilities. So, I decided to add some fundamental analysis to the argument of buying gold.