GOLD 0.51% $1,391.7 gold futures

GOLD

  1. 357 Posts.
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    My current daily chart on gold.  I have a negative bias short-term (as the green forks are dominate), although there may be hope that the brown modified Schiff fork lower median line (lowest dotted line) might prove support.



    On the H4, more of a negative bias - with some strong resistance (red arrows) which may prove hard to break through.



    Yet... Yellen may say sometime tonight at Jackson Hole that might ignite another rally.  Who knows.

    Silver on the H4 equally ugly.  Following the modified Schiff fork (dotted white) with uncanny accuracy.

 
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