Tanalys

Gold Visits 1300 For First Time Since Mid February

Weekly

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“Monday’s outside day reversal (and divergence with silver) is suggestive of lower levels.” The metal followed through on last Monday’s reversal and then made an outside week reversal. Look towards 1280 and maybe 1240 on a swing basis.

-Near term, expect resistance at 1325

LEVELS: 1279 1294 1307 | 1320 1334 1342

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

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