GOLD 0.51% $1,391.7 gold futures

@LeanneDawn I don't know. I wouldn't be surprised to see the...

  1. 7,702 Posts.
    lightbulb Created with Sketch. 11
    @LeanneDawn I don't know.
    I wouldn't be surprised to see the market makers take out the stops at the NFP lows of late last week (8 July).
    My next resistance level, as stated previously is USD 1,383, Close , Week of March 10, 2014....yellow ellipse, or horiz. red line
    That green bar, if you look, we (some) call a bearish "order block" (jargon), sucked in the bulls, and then smacked it down over $100+ .... which I don't expect to happen - but that is pretty clearly the next Chart Resistance, as I see it, anyway: Unlike some Oracles, I don't see an "explosive" move to USD 1,400...but...
    Anything can happen. But to hear it said week after week after week ad infinitum...all credibility is lost.
    I recommend all look carefully at member @V* signature.
    XAUUSD -WEEKLY
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.