July 21, 2009.  Just a quick note on Market Indicators.  Gold is one of the Market Indicators we monitor.  Gold is showing bearish signs lately.  Just heard some of the Analyst in Asia saying that the price of Gold may go down to the range of 600 to 700.  iMOBHQ.COM will continue to monitor the price of gold.

Price of Gold is one of the market indicators that iMOBHQ.COM monitors.  Gold is considered as one of the safe havens for investors in times of bearish markets.  When investors are ready to invest in the stock market, investor's tend to shy away from gold investments and move their money back to the stock market.  And because the demand to buy gold goes down and the supply goes up since investors move their money from gold to the stock market the price of  gold goes down