Is Gold ready to breakout? « RT Swing Trader Blog

2Sep/090

Is Gold ready to breakout?

9/2/09 - 8:45 am MST - December Gold traded lower into the 8/28 reversal date. A lower close, on the reversal date is a bullish pattern and has set up a potential breakout of the longer-term pennant formation. The 1st target objective is the June 3 high of $993.60.

December Gold

Tagged as: furures, gold, market timing reversal, swing trade date, swing trade strategy TR, swing trading strategies, Swing trading strategy Leave a comment

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