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Short

GOLD: Outlook Update

FX:XAUUSD   Gold / U.S. Dollar
Little Update: Gold             has shown an attempt to pullback, but he failed at least at the moment. Technically speaking (on TFW), the gold             is working a bearish pattern (AB = CD), and it still keeps under his YPP (Yearly Pivot Point ) and COT net position are still bearish . Taking a purely "technical analysis", without considering the geopolitical and economic events, every swing bullish must be regarded as an opportunity to sell gold             . My analysis is considered of medium-long term.

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:) http://1.bp.blogspot.com/-7t8TElGRPVU/VSKyaFgo7ZI/AAAAAAAAA_M/CSCAjF0y9xk/s1600/Gold_1100_4aprilie2015.png
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RJHumphries7d IvanLabrie
I hear there are ships full of oil sitting in ports in Nigeria just waiting to unload or go somewhere, there's loads of the stuff!
+1 Reply
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