Wednesday, June 26, 2013

Gold 1197.2

This is a weekly Gold futures chart

Gold weekly 2013-06-26

And the next line of support is at 1197.2. The 61.8% retracement of the whole upswing starting in 2008 at 733. We are on the way. I don’t like catching falling knifes. They hurt. But that level is tempting, very tempting!

No comments: