Monday, January 2, 2012

Gold 2012 pivots

These price level's is where the smart money and market makers will be looking to buy and sell Gold in 2012. Buy Support ....Sell Resistance. I'm looking for gold to trade between 1275 and 2200(possible 2500) in 2012. The high in 2012 should be the head of a long term Head and Shoulders pattern(2011 high is the left shoulder). 2013 should see the right shoulder.