Billham08

Billham08

Gold is having a hard time breaking the $1524 mark and holding it. It had one false breakout over the resistant's. We need Gold to get moving above this, if we are going to make it into the next level of trading. That being around the $1535-50. Best of trades!!

Billham08

We had a massive sell off yesterday that ended up testing the lower channel. Since the retest. Gold has bounced back and looking to break the up channel. If we get a clear move above upper channel, look for gold to heads towards to highs for the year.

Billham08

We have seen Gold recently make great gains to the upside. Broke out of the first range and now seems to be in the second range. Right around the $1500. It has failed to break the $1510 resistant and pulled back each time. If we get the break of $1510, our next target would be $1525. If $1510 stands strong and we don't break to the upside, look for a pull back...