GOLD
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0.51% $1,391.7 gold futures

need to watch this closely tonight, page-12

  1. woteva
    2,213 Posts.
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    16/04/13
    02:32
    Post #: 11648659
    Here is what I see.

    Positive divergence hourly chart. USD not reacting higher. Potential positive divergence Daily gold chart. Gap @ 1422 that WILL get filled sooner rather than later. Gold short term way way way oversold.

    May elect to sit it out or go with tight trailing stop. But I think we are going back up over 1400 soon.

    Cheers

    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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