Saturday, March 9, 2013

GOLD

Gold
Gold should have some fireworks this week based on the price cluster (see chart highlighted in red). If price can rise above 1585, then should move to 1599 fairly  fast. If price doesn't move above 1585, then price should move down to 1545 and if it doesn't hold there should drop to 1526. Hope this helps

If you don't trade futures you can buy the GLD

News events TRUMPS all technical analysis and fundumentals

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.