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Gold 1270 in Danger

By Jamie Saettele, CMT, Sr. Technical Strategist
02 September 2010 15:30 GMT

Gold 1270 in Danger

Gold_1270_in_Danger_body_DT902gold.gif, Gold 1270 in Danger

Gold is making its way lower in an impulsive fashion. The first 5 wave decline ended following a terminal thrust from a triangle. The rally is in 2 equal legs, common for corrections, and may be nearing completion.

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02 September 2010 15:30 GMT