Saturday, July 5, 2014

CHART OF THE DAY


1 comment:

  1. First test Gary will be a close above $1334.90 the high shot as $1328 has been the high close on this move. If gold can hit that upper resistance created off the Aug and March highs its retracements (lows) were $60 higher lows (bullish) so $1181..Dec, $1240..March, so your highlight area of $1300 is spot on.

    Bulls must take out the March high on the next leg up or we continue to trade a channel as the bullish lower lows are in place, now we must have higher highs, classic bull market action ........jj

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