wellman

basic chart Gold battleground $NUGT $DUST $JNUG $JDST

COMEX:GC1!   GOLD FUTURES
283 0 1
Gold             is battling the 100 day simple moving average and a downward trend line . Volume has been decreasing which may indicate this move up is tired. IF gold             breaks 1225 with decent volume , then 1240 is a given and 1250 is resistance. 2 possible trades here. 1. gold             breaks below 1200, easy short to 1180 OR 2. break of 1225, easy long to 1245ish.
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