Gold – 5 year, weekly updated chart $GC_F

By July 13, 2014 Gold Futures No Comments

My last chart of gold was posted back in December 2013 so I thought it would be a good time to revisit the chart.. and not much has changed.

Here’s the chart from December ’13:

Gold target = 1033.4

Gold target = 1033.4

As you can see, gold is still in the zone of 1179.4 support – 1488.8 resistance levels.

Gold has some major levels to break through to the upside; 1488.8 & 1561.8 being the first two major levels.

gold 5 year chart

5 year, weekly chart

The above chart is also a 5 year weekly chart. I’ve drawn a smaller fib inside the larger one to show a better perspective.

Thx,

Dave

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