Gold

Remo,

When you talk about a close above 1739 i get, but what time does gold close?

Its just ig seems to have spot gold open forever?

Many thanks

When the next candle appears on the daily chart.

I've just gone long on this at 1722, just below the 38.2% Fib of the 1705 to 1735 move. Main reason is the breakout of the 1728-1735 hourly trading range giving a target of 1721.

Sorry, that should be 1724 not 1722

This is looking kinda nice in terms of the way the charts are playing out.
The key area to watch now is a break out past 1740. If this gets broken then this should head towards 1780 for a test of the trend line. Good on a risk reward basis.

Up above 1740

DYOR

Gold ‘s just had a hissy fit!!!

dl.dropbox.com/u/21384991/Spot%20Gold%20%28DFB%29.png

dl.dropbox.com/u/21384991/Spot%20Gold%202%28DFB%29.png

Will wait for re-test of 1740!!!