Daily
![](https://media.dailyfx.com/illustrations/2017/04/20/eliottWaves_gold_body_gold.png)
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-The weekly close for gold is important as a close above the 2011-2012 trendline would be the strongest indication yet of a major trend change. 1307 (big low in 2011 and high in December 2014) and 1264 line up as levels to pay attention to from a tactical standpoint.