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mercoledì 18 novembre 2015

Armstrong: Gold – November 16, 2015 (Intraday)

(...) Although gold made a knee-jerk reaction rally to 1097, at the time of this writing it has fallen back to 1087. We elected one Weekly Bearish at 1084; from the last high, we generated a few more in the 1079 to 1071 area, followed by 1040 and 1026.
GCNYNF-W Revs 11-16-2015
It is between 1026 and a small gap down to 983, followed by 934 and 885. The horizontal lines are the reversals – red for bearish and green for bullish. There are clusters forming above (resistance) and below (support). (...) 

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