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Gold Bear Trap

By Petros SteriotisCommoditiesJul 16, 2017 05:23AM ET
www.investing.com/analysis/gold-(july-16)-200201356
Gold Bear Trap
By Petros Steriotis   |  Jul 16, 2017 05:23AM ET
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Bear trap in gold

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Gold Bear Trap
 

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Gold Bear Trap

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Nirav Manek
Nirav Manek Jul 17, 2017 4:44AM GMT
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A bear trap is a false signal that the rising trend of a stock or index has reversed when it has not. A bear trap prompts traders to place shorts on the stock or index, since they expect the underlying to decline in value. Instead of declining further, the investment stays flat, or slightly recovers.
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Ajax Net
Ajax Net Jul 17, 2017 10:49AM GMT
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So u think gold will bullish or bearish? Thanks
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Ajax Net
Ajax Net Jul 16, 2017 10:32AM GMT
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What do you mean by bear trap?
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