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

Dec Gold/ Also at a Critical Price Point! *PIC*

Besides Sept Crude Dec Gold is also at a critical price point of its chart pattern. Looks like a big move is coming up in a variety of markets very very soon. Dec Gold has been in this $100 price range for 3 months now and bumps up against $1633 resistance each time up. A line chart that shows closing prices only shows this price level clearly without the intraday noise. The Modified MACD has come back up and is bumping up against the 0 line as well. Time for a breakout or roll over in a variety of markets dead ahead. I'm sure the news headlines will explain it all away soon but the charts are already warning you of a 'change' that's about to occur.

Messages In This Thread

Dec Gold/ Also at a Critical Price Point! *PIC*
Re: Dec Gold/ Also at a Critical Price Point!
Re: Dec Gold/ Also at a Critical Price Point!