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samideano
Member since January 2013
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Odds favor a 100 dollar move in gold coming soon - Bill Downey - Commodity Trader

C'est pas parce qu'il y a eu le Brexit, qu'il faut nous parler en rosbif !
L'anglais n'est plus langue officielle de la communauté.

Commented 2804 days ago

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Beginning of the headline :Gold Medium Term – BULLISH since Mar 11 2016 @ 1259 Moving Averages 1198-1243 (Bullish) As long as price is above 1196-1242 the medium term remains bullish. The dual yellow line just under the averages is true support and we would have to break below those trend lines in order to go back to a medium term bearish outlook on gold. On the upside, we need a monthly close above the upper yellow line of resistance at the 1372-1388 area. It has now been 6 weeks since the bull/bear battle of the line... Read More

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