Price has been rejected at the upper sloping trend line and is now below resistance. Am watching for a retest of resistance and potential break of the lower sloping trend line to short.
Price appears to have found support at the .786 retracement level. Am looking for a retest of resistance at 1.2300.
Price appears to have found support around the .886 retracement level. Am looking for a retest of sloping trend line around .7200
Gold has broken the sloping trendline, retested and been rejected once again. Currently short.
Price has made a solid break of the sloping trend line. Watching for test of support at .5 level around 136.40
Price is at a crucial level. Am watching closely for potential continuation short.
Price was rejected at the upper weekly trend line. Am watching to see if price breaks the rising trend line with potential for a solid move short.
Price has once again been rejected at resistance. Still watching for continuation short to retest .5 level around .6845.
If price breaks current level of support will look for continued short to test sloping trend line around 110.50
Price rejected at resistance. Looking for continuation short to retest .5 level around .6845
Price appears to have found support. Am watching for potential move long.
Price has pulled back as anticipated and am watching for move down.
Price has remained below resistance. Data out today was unimpressive and am looking for a break of sloping trend line for a potential short.
If price retests and is rejected by the upper sloping trend line, I will watch for a potential break of support around 140.50 and test of support at the .5 retracement level around 136.60 -137.00. A break of that level would offer a chance to test the rising trend line at the .618 level around 134.00.