J.T. & All,
Gold fell out of bed this morning and still hasn't hit the floor for a dead cat bounce! I just wonder where support is so that I might anticipate going long. Gold rallied off of $263 last week, see
stockcharts.com[l,a]daclyymy[pb50!b200][vc60][iUb14!La12,26,9!Lh14,3!Li14,3!Lp20,10,5]
XAU has broken support @ 47.5 & HUI has broken support @ 47.5 and the next reasonable support is at $46 for HUI, see stockcharts.com[l,a]Lp20,10,5]daclyymy[pb50!b200][vc60][iUb14!La12,26,9!Lh14,3!Li14,3!
Gold is now @ $263. Does anyone know of a good site to get a delayed quote chart for gold? Where is the floor?
I expect to see some London buying tonight but what will happen tomorrow?
M.G. |
