July 17, 2016

Gold Weekend update

  • Gold Weekly chart has a bearish engulfing pattern.
  • One hour and 4 hour is trying to bounce. Strength in one hour chart only if price is able to sustain above 1347 levels. 
  • 4 Hour chart shows price below the cloud. If the bounce is limited to the bottom of the cloud then Gold bears may resume the fall.
  • S&P 500 Futures Weekend update

1 comment:

  1. My Gann cycle work suggests an uptrend till August 4, 2016