Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Gold - This is the Week! *LINK* *PIC*

CHARTWORKS - DEC 14, 2011
Gold - This is the Week!
Technical observations of RossClark@shaw.ca

Bob Hoye
Institutional Advisors
Posted Dec 18, 2011
Written Dec 14, 2011

Gold is into the window for an appropriate low leading to up to a yearend rally. The first higher close or close above the average price (Open+High+Low+Close)/4 should trigger a rally back to the 21-day Bollinger Band (currently $1793).

(Article plus Chartwork linked below)