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FINANCEROLL – Though precious metals have witnessed a fierce downside over the last week, we expect more of such downside to continue before we believe it would be time for investors to go long in Gold and Silver again.

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FINANCEROLL – Gold is closing lower today at $1,244. This marks the fifth consecutive “down” day since breaking the base of our 2 month consolidation triangle. Initial target on this move is $1,232. It also represents the 76.4% Fibonacci retracement support of our $1,185 to $1,392 range since December …

ASIAN MARKET SUMMARY 02/06/2014

FINANCEROLL - Asian markets higher on Monday after two Wall Street indexes hit record highs and investors waited for a U.S. jobs report later in the week for confirmation of confidence about the American economy.