Jon Nadler Quotes

The gold price is now flirting with critical support levels ($532-$535), and it faces a possible short- to medium-term troughone that could even breach the $500 level.

- Jon Nadler

Tags

Gold | Price | Flirting | Critical | Support |

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Buoyed by the Nigerian oil sabotage news and a weaker U.S. dollar, gold has reasserted its safe-haven attributes since last Friday. - Jon Nadler

Although gold remains vulnerable to at least another bout of selling as we head into next week, the fact that it erased Thursday's losses demonstrates (for the time being) the fact that this bull is alive and kicking. - Jon Nadler

The gold price is now flirting with critical support levels ($532-$535), and it faces a possible short- to medium-term troughone that could even breach the $500 level. - Jon Nadler