Tuesday, February 15, 2011

Gold Futures (GC)

Today's price action got within .10 of my second target. This is an interesting pattern that I will watch closely. Notice how the volume has decreased. If the price can break through the bottom trend line, the price should go to 1307 in a short length of time. If the price breaks the upper trend line then I will re-valuate. Hope this helps 

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