cracking the ceiling, page-63

hi red
here is a chart i posted the other day on the gold forum. as you can see its a weekly chart.
looks to me as if the bearish divergance in the macd has not played out, the POG has found support at the 38.2 fib area and is now trending up once again.
what is of interest is the macd lines have crossed to the up side, also the cross is above the zero line, as i have pointed out this move in the past has been very bullish for the POG.
the resistance line (around $1000) i feel could be retested on this up trend .
you never know, could be 4th time lucky.

have a good one

582