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/biz/ - Business & Finance

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>> No.14165297 [View]
File: 154 KB, 1590x1280, gold.png [View same] [iqdb] [saucenao] [google]
14165297

Chart of the week - gold. Every settlement for the past 2 weeks has been in between the 6/3 settlement at 1327.9 and the 6/7 settlement at 1346.1. This is the important range to watch.
The pivot is at 1342. This matches previous price action and is almost exactly 1/2 way between the 1362.2 high and 1323.6 low.
Gold went into the weekend fairly neutral. My guess is the longs were a little more nervous than the shorts because of that quick fall from the highs.

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