GOLD 0.51% $1,391.7 gold futures

gold, page-8925

  1. 4,183 Posts.
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    Pivotal support here at $1,310, you will see why in the chart below this i hope.
    Also approaching the lower level support on our long standing trend channel, you will see why in below chart also.
    Really pivotal point here and with the election in sight, dont expect US data to prop up this price.
    Economic data is over looked as it is, so yeah... this could be an opportunity to re-enter the market over the next few months.
    short term.PNG

    Long term trend line which has been in effect since April 15.
    Also shows current support at $1,310.
    Long term.PNG
 
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