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TFC Commodity Trading Forum

Re: Jan Nat Gas/Ronbo/Lee *PIC*

I've also been waiting for Gold to pullback to its 150ema and uptrendline at 1650 to load the boat. Nice track record of support there. Right now it is 'under' 1705 back and forth and must clear this broken support on the close and hold above to convince me otherwise. See price right now spinning its wheels right at 1705 resistance after spending the last 4 days 'under' it. Gotta prove itself before I get on board OR pullback to 1650. Would rather buy support than chase regardless.