Replies to post #39218 on GOLDBUGS AMEX Goldbugs Index (GOLD)

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Weekly Wrap (Gold) »» Daily & Weekly Charts
By: Carl Swenlin | February 8, 2019

IT Trend Model: BUY as of 10/19/2018

LT Trend Model: BUY as of 1/8/2019

GOLD Daily Chart: Gold seems to gave found support on horizontal support, but the concern here is that the daily PMO has topped.



GOLD Weekly Chart: Gold is in a rising trend, and the next resistance is at 1375. I would like to see that resistance penetrated and for sentiment to turn positive.



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