Spot Gold Daily -

[Create Your Own Opinion – Technical Indicators Used – MACD, MACD Histogram, Bollinger Bands, Candlestick Patterns, Elliott Wave Counts, Cycle Brackets, Volume, Channel Support and Channel Resistance, Support and Resistance Levels.]

The USD trend remains key - USD still consolidating while gold may push higher before heading below 1000.

Click on chart to enlarge Spot Gold Daily Still Range Bound – 1180 Support Key For 1240-1255 Scenario

Spot Gold Daily -

[Create Your Own Opinion – Technical Indicators Used – MACD, MACD Histogram, Bollinger Bands, Candlestick Patterns, Elliott Wave Counts, Cycle Brackets, Volume, Channel Support and Channel Resistance, Support and Resistance Levels.]

Click on chart to enlarge Spot Gold Daily Pulls Back As USD Climbs – Upside May Be Muted – Still Expecting 1240

Spot Gold Daily -

[Create Your Own Opinion – Technical Indicators Used – MACD, MACD Histogram, Bollinger Bands, Candlestick Patterns, Elliott Wave Counts, Cycle Brackets, Volume, Channel Support and Channel Resistance, Support and Resistance Levels.]

Click on chart to enlarge Spot Gold Daily Still Consolidated Rather Than Higher On Weaker USD – Still Possible To See Upside Before The Roll

Spot Gold Daily -

[Create Your Own Opinion – Technical Indicators Used – MACD, MACD Histogram, Bollinger Bands, Candlestick Patterns, Elliott Wave Counts, Cycle Brackets, Volume, Channel Support and Channel Resistance, Support and Resistance Levels.]

Could still see gold push to 1240-1255, but upside still weak in the face of a weaker USD.

Click on chart to enlarge Spot Gold Weekly Closes Flat On Weaker USD – Not Much Upside Left In Gold

Spot Gold Daily -

[Create Your Own Opinion – Technical Indicators Used – MACD, MACD Histogram, Bollinger Bands, Candlestick Patterns, Elliott Wave Counts, Cycle Brackets, Volume, Channel Support and Channel Resistance, Support and Resistance Levels.]

We remain mindful of the USD strength.  A push up in the USD may mute gold's move up.  Nonetheless, there is gold upside in the near term.

Click on chart to enlarge Spot Gold Daily Reverses Up – Could See The Forecast Push To 1240 – 1255 Before We Roll
Page 1 of 12712345...Last →