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    • Basement replied Nov 16, 2014

      I think next session it will retrace to 1179-1180 before the possibility of it heading up to test 1200.. Reasons: The hourly seems like it needs to cool off a little after the $45 move north from 1147 low on Friday. A backtest of 1179-1180 is likely ...

      Only Gold!
    • Basement replied Nov 2, 2014

      I can see a test of 1170-1175 but that is maximum as will be sold into. The bears have control, 1161 will be tested and probably fail.. In my opinion.. !!

      Only Gold!
    • Basement replied Nov 1, 2014

      Your right, i didn't draw the lines at all, it's actually done automatically by ProRealTime... I think 1080 will be reached before the year end for sure. Todays news of the China Manufacturing Falling to a Five-Month low doesn't bode well for ...

      Only Gold!
    • Basement replied Nov 1, 2014

      The fundamentals are not supporting this. Also I think you will find it closed below that long term uptrend line.. It happened to Oil and look what price action followed...Now it's Gold turn imo.

      Only Gold!