www.scottpluschau.blogspot.com
Gold is on the doorstep of a major multipoint trendline: Gold is approaching a major multipoint trendline on the daily chart. A forceful breakout of this trendline resistance will have me focused on day trading gold on the long side in the smaller degree timeframes.
I am not prepared to speculate in the intermediate term yet, but this would be one bullish development that is needed in order to consider doing so with my methodology.
(Click on chart to expand)
twitter/ScottPluschau
Consulting? ScottPluschau@gmail.com
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