03 February 2010

Gold : Retracement Over ?

  • Outright gold (in USD) beginning to look positive too. Now at 1121.
  • Monthly : Uptrend in place all this while.
  • Weekly close >1131 takes us above overhead resistance.
  • Daily already tested and held 1074 a few times. Next up - test of upside resistance.
  • Holding on to stale long here.
  • Stop loss : Run like mad if we break 1074!

No comments: