Technical Analysis and Outlook
With Gold completing phase 1,2 and 3 of Stage 4 Gold is now position to reignite the up-move. First sturdy resistance stands at Mean Res $1313, and the second phase of the up-move holds a very well established Key Res $1341. On the downside we have newly created Mean Sup $1285. (For the latest market talk, please see the site 'Market Commentary' tab – TradingSig_dot_com).
With Gold completing phase 1,2 and 3 of Stage 4 Gold is now position to reignite the up-move. First sturdy resistance stands at Mean Res $1313, and the second phase of the up-move holds a very well established Key Res $1341. On the downside we have newly created Mean Sup $1285. (For the latest market talk, please see the site 'Market Commentary' tab – TradingSig_dot_com).