Gold Charts

My comments: I just learned how to post charts. Below is a daily gold chart with notes. Please click on the chart for a larger version and to read my notes. Also please forgive my grammatical and spelling errors. Its difficult to edit text on the charts...

Below is a cup and handle formation developing in gold. If we don't break the upper handle trendline and do break the lower trendline on the triangle, this trade would have failed. Read more about a cup and handle here...


My comments: The chart below shows trendline support...if prices move below the trendline we could have a sell off...