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Gold….this chart hasn’t been changed since 9/24. I was guesstimating $1177 by eyeballing but the resistance inflection still appears valid to me. Who knows, perhaps tomorrow it won’t any longer.
Also, I find this DUST fork fit interesting:
GDX retesting major low.
GDX wedge with divergence
JNUG
DUST volume was huge and the candle filled a gap deep down. Volume is consistent with bottoming action but some constructive period is likely needed to support a reversal.
Armstrongs resistance 1188, “dont get excited unless we weekly close above that # if i remember correctly.”
We need a weekly closing above 1210 and a monthly closing above 1225 to show any sustainability here and now.
quote from MA
Yep, link here: http://www.armstrongeconomics.com/archives/38090