Gold News | Gold Wipes Out all of April; Bounces from Month Open | Gold Daily Forecast

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Gold Wipes Out all of April; Bounces from Month Open Posted: 15 Apr 2014 11:21 AM PDT Weekly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -A 'pullback' materialized all right. Gold got hammered but did end up rebounding at the month open. The decline is probably the beginning of the move into 1235, which is estimated as important support for the longer term bottoming scenario. LEVELS: 1252 1268 1284 | 1313 1328 1342 --Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Learn forex trading with a free practice account and trading charts from FXCM.

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