Tanalys

Gold Large Outside Day Unfolds at November High

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-Gold has rallied into the November high, which is reinforced by former trendline support (line that extends off of the June and October lows. Tuesday’s outside day could be a sign of near term exhaustion.

-The next major resistance is probably the October high at 1362.

LEVELS: 1279 1296 1312 | 1336 1352 1362

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

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