Browse Symbol Stacks: /GC: Gold_Futures_Hourly_May042015.jpg
Gold futures hourly.
Interesting topping head & shoulders then a whoosh lower.
Followed by an inverted head & shoulders, and a small pop today.
The 1.618 extension of that inverted H&S takes price up to 1195, with resistance just beneath 1200.
Then we should see price roll back lower, hopefully the push to 1100, and maybe (Finally) $1,000.
Bounce to prior support, which is now resistance.
Now waiting for price to tell us gold wants to roll like a cheese wheel down a steep hill in Great Britain