April gold closed Friday with a doji below the daily 20 sma(yellow line) and has support on the daily 50(blue line). A close over 946-950 would be a buy signal with the 20sma as your stop. The monthly pivot point is also at 946. Stochastics are oversold and making a "w"pattern for possible winner.Sunday, March 15, 2009
Is Gold going to fail or breakout?
April gold closed Friday with a doji below the daily 20 sma(yellow line) and has support on the daily 50(blue line). A close over 946-950 would be a buy signal with the 20sma as your stop. The monthly pivot point is also at 946. Stochastics are oversold and making a "w"pattern for possible winner.
