AI
Friday, October 01, 2010 10:20:50 AM
Gold Futures update...
Gold hit the upper trend line of the rising wedge moments ago at 1322, very close to my posted target of 1322.60. Time to see if we lurch higher or have a more significant retracement, as we did the last time we visited this upper trend line.
Note the MACD divergence at the last three highs now...
Gold hit the upper trend line of the rising wedge moments ago at 1322, very close to my posted target of 1322.60. Time to see if we lurch higher or have a more significant retracement, as we did the last time we visited this upper trend line.
Note the MACD divergence at the last three highs now...
(Formerly known as "Richagain") My posts are my opinion and are subject to change without notice. I accept no responsibility for anyone who chooses to take any action based upon anything I post.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
