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Gold Could Trade 1362 and THEN Reverse Sharply

Gold Could Trade 1362 and THEN Reverse Sharply

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_gold_body_Picture_3.png, Gold Could Trade 1362 and THEN Reverse Sharply

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-The October high rests at 1362. This level intersects the line that extends off of the October and November 2012 highs in early March this week. The level is major resistance.

LEVELS: 1320 1332 1345 | 1362 1375 1395

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

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