Gold Large Outside Day Unfolds at November High
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-Gold has rallied into the November high, which is reinforced by former trendline support (line that extends off of the June and October lows. Tuesday’s outside day could be a sign of near term exhaustion.
-The next major resistance is probably the October high at 1362.
LEVELS: 1279 1296 1312 | 1336 1352 1362
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