Shaw Capital Management Factoring: Compass Directions – Commodities & Equities Report

Gold continues to move to the upside

GOLD continues to move to the upside as debt woes continue in both the US and Europe. Recent data confirms that bullish bets on Gold are rising in the hedge fund space and as much as this is a positive it could show that a temporary top is in sight. Gold has moved higher form the US close this morning and we briefly touched on $1,598 before easing back slightly. Gold is currently trading higher by 0.40% at $1,597 in early trade. » Shaw Capital Management Factoring: Compass Directions – Commodities & Equities Report
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