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!
Posted by Razor at 6:41 AM