S/R pivot pnt. You don't want to set an order now and it blows through it.
**Here are some more levels in greenish yellow with Gold and A USDX overlay in Green, Right now the Inverse relationship is quite strong.
Notice how the PA of the USDX is literally right below, almost supporting gold then when it drops, Gold boosts! vice versa.
** So if you look at the horizontal Supp lines in Greenish yellow, you can see that since the last low created Before the FOMC last week
and the next to moving north, here are the levels. APROX-
1292 Dip Low
1306 Dip Low
1316 Dip low
Now with this high the highs are getting higher. If it keeps up we may see some further breaches, testing and higher lows, with potentially for the mid term bear to turn finally back north to test 1550!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News