January 27, 2015

GOLD Trend update

 
  • Gold Testing weekly cloud. Price is pausing at the cloud and 100 Week SMA
  • For now bulls are staying above 200 Day SMA. Some weakness is seen in  200 SMA. Bigger worry for bulls only if price falls back below 200 SMA. 


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1 comment:

  1. ChipJanuary 27, 2015 at 5:59 AM

    awesome chart. Bullish on GOLD MONTHLY, its about to RALLY huge and bottom.

    SPX - I saw many blogs talking about a crash from the GREECE stuff, but we rallied nicely. and you look at the SPX weekly chart HERE http://bit.ly/1fMcakI and it looks like we will rally some more this week, maybe after FOMC.

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