Popular - Today: sc270.png

sc270.png

Gold in uptrend(?)

Comments

fibomanfiboman
http://goldenopportunitytrading.blogspot.com 
 
We believe that the level of 1235-1240$ is very important for gold.Bulls need to see price of gold above that level and preferably RSI14(weekly) breaking above its respective resistance area of 60-65(usually that happens during a 3,III).If Gold moves below that level the bullish scenario is loosing steam... 1/27/15
SkipperleejonesSkipperleejones
Nice flag on daily looks good to go higher 1/27/15
moneymiser21moneymiser21
Agree that gold needs to re-test breakout level as support, then bounce off it and make new structure high. 
 
$1320 area will be key with that downtrend line on monthly/weekly chart 1/28/15
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