Tanalys

Gold Marches on Towards 1306; 1322 is Bigger

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-Yesterday’s doji hinted at a pullback that never materialized. The metal is now approaching a possible reaction of 1306. A trendline and former highs remain of interest as support.

-The next major resistance is probably the April low at 1321.

LEVELS: 1270 1279 1294 | 1306 1322 1336

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

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