Gold Big Behavior Change; 1255/70 is a Reaction Zone
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“The sharp advance from the lows may indicate that a 5th wave terminal thrust is complete in gold.”
-Exceeding 1255 would suggest that a major bottoming process is underway (and has been since June 2013).
--Tradingideas are availabletoJ.S. Trade Desk members.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.