Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: Kirk © who wrote (46945)	3/8/2013 11:04:30 AM
From: GROUND ZERO™	Read Replies (1) of 218383

Here's a longer term weekly gold futures chart... you can see the market is now sitting right on the long term support line and has also returned to test the earlier break out wedge, although it could still move down and test the 1500ish level according to that upper wedge line... so now we wait and see what it does... despite the recent strength of the dollar, which may continue higher, I think long gold here just might be worth a stop somewhere below the market and "hope" it doesn't break that support line... GZ

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