GOLD Resistance levels

• First chart is gold daily time frame with 100 day SMA. Price should close and sustain above it for the reversal to continue.
• Second chart is the weekly time frame with the channel. Price is hitting the channel top line. Price should stay above this channel if it is to make another big up move.
• For bulls the daily candle with long shadow should act as a long term support level. Corrections into the Shadow of this candle may get buying support.
• S&P 500 ANALYSIS AFTER CLOSING BELL