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Writer's pictureMoor Analytics

GOLD for 2/19/20


I cautioned on 8/16/18 the break back above 11797-837 warned of renewed strength. We have seen $429.6 of this. This formation is OFF hold. I warned in the Post Market Synopsis on 2/5 that this may be entering a lower timeframe bullish trend. We have seen over $50 of this. Decent trade below 15837 (-.5 of a tic per/hour starting at 8:20am) will warn of decent renewed pressure, likely for days.NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold and Energy complex. If you are interested, please feel free to reach out.

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