Gold Former Resistance Line Serves as Support
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“The yellow metal is leading the way with respect to risk aversion and the move above trendline resistance may indicate a shift towards risk aversion.”
-1290s is the next important resistance level. 1231 remains the trend defining level.
LEVELS: 1219 1231 1255 | 1271 1275 1294
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.
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