Gold News | Gold Closes Near Unchanged after Early Drop | Gold Daily Forecast |
| Gold Closes Near Unchanged after Early Drop Posted: 21 May 2014 01:33 PM PDT Daily  Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -Gold made its 3rd bullish outside day since 4/24 on last Monday. The 4/24 reversal was accompanied by large volume which increases the likelihood that the reversal is an important technical event. The implication is that gold is well supported and therefore headed higher. -Continued failure to hold gains has me contemplating a final washout. LEVELS: 1268 1278 1288 | 1306 1315 1331 --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.  |
| Posted: 20 May 2014 12:50 PM PDT Daily  Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -Gold made its 3rd bullish outside day since 4/24 on last Monday. The 4/24 reversal was accompanied by large volume which increases the likelihood that the reversal is an important technical event. The implication is that gold is well supported and therefore headed higher. -Continued failure to hold gains has me contemplating a final washout. LEVELS: 1268 1278 1288 | 1306 1315 1331 --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. |
| Posted: 19 May 2014 09:58 AM PDT Daily  Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -Gold made its 3rd bullish outside day since 4/24 on last Monday. The 4/24 reversal was accompanied by large volume which increases the likelihood that the reversal is an important technical event. The implication is that gold is well supported and therefore headed higher. -Continued failure to hold gains has me contemplating a final washout. LEVELS: 1268 1278 1288 | 1306 1315 1331 --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. |
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