Forex Trading: currency trading, market, stocks

Asides

• When investing in shares is largely what is important financial results they moved. The last is not always depend on how moving the prices of gold and silver when it comes to companies in this sector. However, the history of stock markets shows that for the most part the shares of this sector is moving with the direction of the precious metal. The index of shares Liston the U.S. stock market of gold and silver sector is code XAU. Unfortunately, this index can not be marketed directly, ie if you want to have to buy basic shares, which it contains (Newmont Mining, Glamis Gold, Royal Gold, etc.)..

  What are the prospects of the gold and silver shares represented by the stock index XAU? — As seen from the figure in early April this year golden shares samples under upward trend line from the last 4 years. Instead of decline followed a strong However, prices are detained over the previous bottom and made a good recovery. With this we have a signal that pierced through the second quarter of the year was false breakthrough. The last two weeks XAU index samples upward trend line in the top 110. Now need to see movement over 110 to confirm that the course is in the long rising trend. Only cheaper XAU Index back below 90 points coupled with the failure of rise up movement of gold will terminate the positive prospects for this sector.