1. Metals try to capitalize in market weakness with dollar weakness ie choppy
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  2. Good Thur Morning! Gold is down 1.3 to 1248. Silver is flat at 1757. Crude +16 to 4820. The USD is up 17 to 9964.
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  3. Week of 3/18/2017 Closing prices & Chg Over Last Wk---- Gold $1230.20-- UP 28.8 Silver $17.41-- UP 49 Oil $49.31-- UP 82 TICS USD $100.11 -- DOWN 100 tics Based on near term futures contract--- At JMB Current price AGE 2017 $1299.09 (1), SAE $20.54 (20)

GLD - About to Break 3-Year bearish downtrend resistance

Discussion in 'PM Trading/Stocks/Technical Analysis' started by dpong, Apr 30, 2016.



  1. dpong

    dpong Gold Member Gold Chaser

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    The buy signal will occur at 124 (assuming it prints 124) turning this chart bullish. I stole this chart, not mine, but a good one.

    original_53917587..png
     
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  2. luckabuck

    luckabuck Gold Member Gold Chaser

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    Like your "stolen" graph, and hope that it is true.
     

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