Dawn of a year of trading dangerously

From Reuters Out with the old year, in with the new and for investors uncertainty is likely to be the only certainty once more. The euro zone debt crisis is far from resolved, turmoil in the Arab world has shifted to Syria and Iran has threatened to stop the flow of oil from the Gulf if sanctions are imposed due to its nuclear ambitions. 2011 was a dire year for equities outside the United States with world stocks poised to drop by around eight percent and emerging...

Gold’s ‘death cross’ signals more losses coming

From Reuters Gold’s 20-day moving average falling below its 200-day and its brief foray into a bear market suggest momentum has turned bearish and a further pullback could be on its way. Bullion’s 20-day moving average dipped below its 200 DMA on Thursday, in what technical analysts termed a ‘death cross,’ as the short-term momentum has turned more negative than long-term trend. That could show that the current downtrend is pervasive. ‘Any time there is a death cross,...