News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Gold Set Up is Similar to 6 Months Ago

Gold Set Up is Similar to 6 Months Ago

Jamie Saettele, CMT, Sr. Technical Strategist


eliottWaves_gold_body_Picture_3.png, Gold Set Up is Similar to 6 Months Ago

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-Is gold repeating what the bottoming scenario from 6 months ago (at about the exact same levels)? If it is, then Jun 28 = Dec 31 and tomorrow = Jul 5th (July NFP).

-1206 is possible support along with the topside of the mentioned trendline.

Trading Bias: Flat

LEVELS: 1180 1206 1214 | 1238 1248 1261

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.