Once again, gold, GC, has held the technical proverbial line in the sand just above the 1179 area. The trend shifted back up after a low of 1183.3. Tomorrow will be the 10th, a Friday. The WEEKLY close will need to be 1219.3 or higher to shift the DAILY trend to up.
Thx,
Dave
More of my gold posts at See It Market.
$GC_F Daily chart. Trend change. Target = 1234.2. Prior chart: http://stks.co/d15wp ||| http://stks.co/h193b
— David Busick (@TheFibDoctor) Oct. 8 at 04:44 PM
