Gold 02-23 (Daily FX via Yahoo! Finance)

Feb 23, 2010   //   by Admin   //   Scrap Gold Prices  //  Comments Off

I am unsure of golds structure at the current juncture. The next level of resistance would be 1140/50. Gold has broken below a short term channel and price declining from the top of its long term channel warns of a more significant downside reversal. Coming under 1098 would be bearish. Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Friday evenings …

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