Tanalys

Gold Holding Up after Multiple Reversal Days

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-Gold reversed sharply on 4/24 and again on Friday. The 4/24 reversal was accompanied by large volume which increases the likelihood that the reversal is an important technical event.

-1293 is now support.

LEVELS: 1283 1293 1301 | 1320 1328 1342

–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

Exit mobile version