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GOLD for 1/27/20


We held an exhaustion area at 15363-31 with a 15364 low and bounced $53. Decent trade below 15647 (-.4 of a tic per/hour starting at 8:20am) should bring in renewed pressure. Decent trade below 15556 (+.8 of a tic per/hour starting at 8:20am) will project this downward $34 minimum, $84 (+) maximum; but if we break below here decently and back above decently, look for decent short covering to come in. NOTE: this is just a small portion of the calls I provide my clients twice daily, please feel free to reach out if you are interested.