The path of gold and index «Dow Jones»

The mess of gold price leaded by Japan

Gold jumps by 4% last Friday, marking the biggest gain for a single day in more than three years shortly after the report of disappointing about jobs in America and the worsening debt crisis of the euro area, which necessitated the senior and junior investors to go to the sanctuary for fear of losing their savings in financial markets during the period of crisis characterized by volatile highway. As is evident in the graph, the price of gold moving in the medium-term bearish channel after showing positive signs for the withdrawal of America from the financial crisis and the opening of risk appetite among investors to achieve greater profits in the stock markets. But in the last two weeks we traded over the entry and the emergence of signs of rebound and gold so as to blur the global economic recovery and the increasing political tension.