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More Downside For Gold

Technicals | Oct 14 2013

FNArena has added another video to its Investors Education section on the website. This week ATW's Jerry Simmons looks at the GDX goldminers ETF in the US and its influence as a leading indicator for the gold price. Further weakness in the GDX suggests the same for gold. meanwhile, the S&P 500 has now hit resistance after last week's rally.

To view the ATW Strategic Prep Video click HERE or visit the FNArena Investors Education section of the website.

All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).

Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme within the education system at New York based Advanced Trading Workshop (ATW).

FNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.

Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided.

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