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Weekly View of Goldie

Weekly View of Goldie

Gold COMEX:GCZ2015

NOTE: If you haven't looked at the daily chart of gold we posted...please do so before reading this further. Now that Goldie has founds legs we have two weeks of buying at the bottom which could mean they will test the upside range. The erratic behavior is an indication that one side will take control and when they do it will run. LOOK AT your weekly and monthly charts to help. This weekly (with a couple of hours left in the week) is giving us hints that we could break to the upside now. If the bears eat up the demand at the bottom of this weeks low then look out below. Keep Goldie on your watch list. Enjoy the weekend.