Price is testing the trend line again. This is important to watch as gold is lagging the equity markets, so because of that I am not bullish. Hope this helps
I drew the trend line two days ago and today the price landed right on it (see chart). I will get long at 20.56, see chart for target and stop. hope this helps.
I posted a gold chart on 11/17 while it was in a channel. It appears to me that gold wants to test 1700 before it starts to move lower. Hope this helps
This is one you need to watch very closely. The price has pulled back to the moving average and looks like it's preparing to make another run at 36.50. Hope this helps
Looks like gold wants to go higher. The price is holding well above 1700. Price should test 1775 and if that holds, then price will move higher. Your long entry will depend on how aggressive or conservative you are. I will wait for a pullback to the 1713 range. Hope this helps
Another confirmation that you need to be certifiable to hold a trade over night. This market is like no market I've ever seen. I feel like it's a waste of my time to look for trade setups (ie - euro, aud/jpy, 10 yr notes etc), so some news comes out over night and destroys it! I know news always trumps all technical analysis, but not with the FREQUENCY the markets are dishing out currently...Basically I am *&%$^#@!?*% off!!!