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BZ Chart Of The Day: Is It Finally Time To Buy Gold?

Gold is oversold and at support. That means it may be time to buy the commodity. The downtrend that started in March may be over. The term "oversold" refers to a security’s momentum. This is a measure of how far it has moved in a given time. If it gets sold aggressively and pushed below its typical range, traders say it’s oversold.

GDX

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If You’re Not Buying Gold, Consider These Five Gold Stocks

Investors already know that gold is a very interesting market when the tide gets tough. As they turn to derivatives such as futures and CFDs, buying shares of companies in the sector is an option worth weighing. In times of recession or economic crisis, investors tend to take money out of the stock market and take refuge in safe-haven assets such as the precious metal.

AEM