Thursday, September 19, 2013

Gold ~ 19 September 2013

Gold surged to over 1360 yesterday:

As mentioned on Tuesday, a break above 1360 would turn the medium-term trend back to bullish. I'd like to wait one more day though before turning bullish again to see whether yesterday's move was real or just fake. But if we can hold above 1360, the next objective should be 1420-30.

Author: Patrick Eugster