Posts Tagged ‘gold chart’

Gold May Be Breaking Out

Thursday, February 12, 2009 17:02 1 Comment

Gold’s recent price action suggests a breakout may be near.

After consolidating for almost a year, it appears that gold may be in the early stages of another advancement. The chart below illustrates the breach of the 1 year downtrend (Red line). The RSI (bottom section) suggests that the move may have more to go as [...]

This was posted under category: $GOLD, Gold, RSI, Special Reports, Technical Analysis Tags: , , , , , , , , ,
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