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GOLD for 2/5/20


The decent trade back below 15882 has brought in $35.4 of the decent pressure warned about on the break back below. The decent trade below 15773-78 (+.8 of a tic per/hour) projects this downward $8 minimum, $83(+) maximum. We have attained $24.5 of this so far. If we break back above decently, look for decent short covering to come in. This will come in at 15801-07 (+.8 of a tic per/hour starting at 8:20am). There is a steep line coming down above at 15607-23 (-6 tics per/hour starting at 8:20am), a decent break above which will warn of decent short covering, but this is a bit steep to lean against. NOTE: this is just a small portion of the Gold complex calls I provide my clients twice daily. Decent penetrations are specific and provided as well. If you are interested, please feel free to reach out.

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