Gold March 1st Price Chart

www.goldtrends.net

After spending over a week at the upper dotted trend line ----- gold finally broke higher on Tuesday and is ready to challenge the all time highs at 1434. Resistance is the upper red channel line ---looking at 1435-1445 for the remainder of the week. As long as price is in the upper red channel lines --- the short term trend remains up. Support is now the 1418-1422 area with daily support at 1406-1412.

1 comment:

Louis Cypher said...

JC,
Very interesting. Send me your email address or setup a temp one so that you can post articles.
I'm going to move this from comments to article.
Thx LC