May 17, 2011

GOLD Testing the trend line

  • Gold is testing its Trend line in daily chart.
  • Price is also testing its 50 day moving average.
  • Closing below 50 DMA will be negative for gold in the short term.
  • DOW JONES EOD ANALYSIS
By at

1 comment:

  1. ChipMay 17, 2011 at 8:05 PM

    I have been a member at here for a while and this is great stuff. Another guy to take a look at is the FFT guy, who called the market crash back in 2008. He is great and does videos of the ES and is bizarrely accurate. I have been a member there, and his stuff is AWESOME.

    His site is over at http://www.forecastfortomorrow.com/Trading-Club

    Very good, and clear cut guy who knows his stuff.

    Just sayin, well worth a look.

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