GOLD & SILVER Recap & Daily Forecast with Chart from Jason Sen – Day Trade Ideas

 

Gold first resistance at 1488/91 being tested as I write, then strong resistance at 1496/98. Shorts need stops above 1504 (only a matter of time before it happens) for an important buy signal targeting 1510 & minor resistance at 1518/19. Eventually we should beat 1520 for 1523/24 & 1528/29.

Financial Markets and Political Commentary
 

Tags

, , , , , , , , , ,

Related Posts

About the author

JASON SEN Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.