January 15, 2017

  • As chart 2 and 3 shows the Trend of gold is clearly up But Weekly chart is testing a crucial resistance line. Gold bulls must close above 100 Week SMA to keep the reversal intact.
  • Crucial numbers for next week are 1207 at the Top and weakness if stays below 1185 levels.
  • CRUDE Oil weekend update


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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore