GOLD 0.51% $1,391.7 gold futures

gold chart

  1. 14,914 Posts.
    If we can just stop out some shorts so they cover it will give it the push it needs to break out of the descending channel. There is converging resistance around the 1100 mark being a round number, the top of the descending channel and the 38.2% Fib retracement.

    [URL=http://img693.imageshack.us/i/goldp.png/][/URL]
 
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