Here is when I marked 1221 level as the level to watch
rallying in gold $GC 1221 is the mark
— smtrader StockTrader (@smtraderCA) January 6, 2015
Here is when I questioned if gold reverting back to a safe haven play
good day for gold, it peeked above 1221, if breaks above it then 1239 could be next & set higher hi/lo $GC_F $GLD pic.twitter.com/tr3IM2bgUd
— smtrader StockTrader (@smtraderCA) January 6, 2015
machine is teasing the 1221 level once again..third time the charm? $GC_F $GLD gold
— smtrader StockTrader (@smtraderCA) January 9, 2015
something is out there that might be a cause of concern to the mkt, gold and bond are up $GLD $TLT
— smtrader StockTrader (@smtraderCA) January 12, 2015
safe haven move? $GLD $TLT
— smtrader StockTrader (@smtraderCA) January 12, 2015
Gold has broken out and making higher high and higher low.
(click on the chart to enlarge)
What's next for gold? I will discuss some possibilities in my future video. If you find this to be useful, please share it by clicking the 'Share It' button below.