Spot Gold Prices for 3-24-2014

Spot Gold Prices for 3-24-2014

Hello my name is Chuck Dougherty and this
is the Spot Gold Prices Daily Wrap-up. The Spot Gold prices for Monday the 24th of
March saw Gold prices opening at around $1,328.20. Yet another tough day for gold bull’s as prices
pushed down right through the previous support levels with the help of more profit taking.
This push through support levels then caused many stops to be triggered making the problem
much worse. Gold prices declined through most of the day
hitting the low of around $1,308.50 right around the close of normal US trading hours.
From there we ended the trading day at around $1,312.80 and this resulted in another decent
loss in the price of gold of around $15.40. The gold bull’s need to defend the lower levels
especially the psychological level of $1300 if they want to have any hope of putting steam
back into the rally that started this year. Thank you for watching this is Chuck Dougherty
and this was the Spot Gold Prices Daily Wrap-up for March 24th, 2014. Please be sure you subscribe and don’t forget
to comment and like us as well. If you need more information on precious metals
be sure you visit our website: See you in the next Gold prices episode! Until
then, take care.

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