Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

« ... Based on last week’s close at $1206.90, the direction of the December Comex Gold market this week is likely to be determined by trader reaction to a steep downtrending Gann angle at 1220.10 and a nearly flat uptrending Gann angle at $1207.00

December Comex Gold futures traded firm for much of the week, but couldn’t take out any significant highs before sellers took over. Not only did the market close lower for the week, but it also produced one of the worst monthly performances in recent memory. Once again, it was expectations of higher interest rates and safe-haven buying of the U.S. Dollar that pressured gold prices. .... »

https://www.fxempire.com/forecasts/article/gold-price-futures-gc-technical-analysis-weekly-chart-strengthens-over-1220-10-weakens-under-1207-00-524813