GC Monthly

Posted by StockBuz on January 3, 2012 at 7:39am

Again, looking at gold futures monthly chart, it clearly plowed through its 150d and 200d movign averages so here I look at monthly supports. The moving averages may not be 100% accurate however, historically speaking, it gives us an idea of where the longer term support levels have been.

Comments

January 3, 2012 at 12:26pm

this is crazy! gold is golden.

the thing that makes me hesitate is it broke the150dMA which it held for a long time. that being said, i still think its in a secular bull market.

This reply was deleted.

Pardon our dust as this page is undergoing a facelift. Please report any difficulties you may experience during this phase. Contact us

***********

You're welcome to add new charts and photos using the "Add" button found at the top/right.

Be certain to give each a TITLE
Select a category that best fits
Select more than one category by holding down the "CTRL" key when selecting the second or third category.
Add "tags" which best describe your chart so it can be located by search engines. (ex. Apple stock, AAPL, long trade)
Since we don't charge for our trade ideas, please pay with a Tweet