Gold Small Inside Day Follows Outside Reversal Bar
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“The rally in recent days may represent a final push before a pullback towards former resistance at 1279. Watch 1352-1362 for resistance if reached.” Wednesday’s outside day may signal the beginning of a deeper pullback.
-The October high rests at 1362. This level intersects the line that extends off of the October and November 2012 highs in early March (next week).
LEVELS: 1294 1307 1317 | 1338 1352 1362
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