View: 2015-02-18-GC 2-18-2015.png

2015-02-18-GC 2-18-2015.png

Still not quite a perfect backtest of the downtrend line that had constrained gold for quite some time, but, getting very close. I have also added an uptrend line from this recent bottom. The backtest of the downtrend line would be the best place for it to bounce if you are a gold bull. If that fails, the second line MUST hold - although it should be weaker than that first one. Let's see what we get here. Decision time is here.

Comments

No comments yet.

...