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$1,391.7 gold futures

Are you now intending to place a buy order at 1300 AJ?

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obladiblada01

534 Posts.

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19/09/17

09:14

Post #: 27306582
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Originally posted by AverageJoe ↑

View attachment 732663
Highlighted double top broken finally after an earlier false break. Technically 1300 is now the support. The confusion was Thursday's bullish candle that on paper through the eyes of the RSI is premium band. 1333 actually if drawn very accurately is 1334 remains the stumbling block of resistance where I thought would push through on Friday but not to be. The odds were slim. My preferred level had always been 1300 pull back before you see indicators showing added confirmation from the key support levels.

Odds against a god bullish move in September is not great from 2013 which is showing bearish month cycles through to normally Nov/Dec where there is a burst of bullish activity. Could this year repeats?

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Are you now intending to place a buy order at 1300 AJ?
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0 Great analysis

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