I’m not big on technical analysis and this is not “scientific,” but I want you to check out the 60-Day Gold Chart, below. It’s easy to see the turning-points (support) and Gold has broken above the early April bottom at $1,620. The next step along the way is $1,640 plateau from late April, then $1,677, and then the “big” even number at $1,700. How long will it take? Maybe not long at all.
Check Out the 60 Day Gold Chart
by David Schectman | Jun 5, 2012 | Articles