Gold Price – Watch for Support in Low 1260s

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Real Time Positioning -The weekly close for gold is important as a close above the 2011-2012 trendline would…

Gold Price – Hold or Fold Level

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Real Time Positioning -“The weekly close for gold is important as a close above the 2011-2012 trendline would…

Gold Price Consolidating on 2011-2012 Line

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Real Time Positioning -“The weekly close for gold is important as a close above the 2011-2012 trendline would…

Gold Price Tags 200 Day Average from Above

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts Real Time Positioning -“The weekly close for gold is important as a close above the 2011-2012 trendline would…

Gold Prices Find Support; Will the Down Trend Continue?

Gold prices have made little net progress over the past four months. Little net progress is typical of a corrective consolidative move. Gold prices, as of today, are still less…

Gold Prices Bounce Higher with an Eye Towards $1260

Gold prices bounced higher off the 78.6% retracement level near $1215 on May 9. Continued strength from this bounce may push gold prices up towards $1260. We identified in Gold…

Though Gold Prices Bounce Higher, Wait For a Dip

Gold prices appear to be grinding sideways in an Elliott Wave triangle. Currently, the range boundary on gold prices are locked between $1214 and $1295. According to the Elliott Wave…