Gold: Rare Chart Signal

HarryHindsight

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I think it's worth pointing out that the SMA100 is in the process of crossing the SMA200 to the upside on the Gold daily charts (GC Gold Futures specifically)... something I haven't seen in a very long time.

http://harryhindsightnews.com/2014/03/24/24-march-2014-a-turn-in-the-tide-for-gold/

Perhaps the $1300 level will take on greater psychological significance and will serve as a solid launch pad for much greater gains in the coming months?
 
Insignificant..

..like the last time for me anyway... Silver Gold ratio at highs and about to get higher with a silver spill coming soon.
 
The next trending move may be decided by an important economic report. FED’s Janet Yellen is scheduled to speak today, and the FOMC minutes will be released a few hours later.
 
1300 has become a pivot point but in the absence of Ukraine geo-much-ado-about-nothing will sail down the river imo.

Favour the downside my self. (n)
 
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