Price gives a potential sell signal
Price is the first monthly rise since last September the year
The recent US data and figures on declining gold prices, after the u.s. Federal Reserve to cut the monthly programme of quantitative easing to 65 billion dollars from 75 billion dollars, and the growth of the US economy to 3.2 percent in the last quarter of 2013 led to relieve the pressure on the US dollar and lower gold price.
Gold fell this week to about 2%, while gold has risen nearly a month to more than 3%, so will gold on the last day the first monthly rise since September 2013, five months ago. The global financial crisis pushed investors to buy gold as a hedge against inflation and as a certain value of that gold came to a very high historical levels
