Welcome to Razor's FX Trading. This blog will be updated daily with videos and screens of my current thoughts on the Euro the S&P and the Oil markets. I am a very technically oriented trader therefore everything presented here will be from the technical analysis perspective.
Thursday, May 31, 2012
Gold Techncal Analysis, Bullish Rejection Candlestick!
The weekly and daily charts are showing very solid support @ the $1550.00 price pivot zone. Yesterday a very nice bullish pin bar closed on the daily charts and it looks like Gold may be setting up a bull run. A good profit taking zone would be the $1600.00 level at it is a round number and a resistance point on the chart. Enjoy the video!
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