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<p>[QUOTE="Dynoking, post: 4028715, member: 81795"]Is it time to be bullish or bearish?</p><p><br /></p><p><a href="https://tickertapecdn.tdameritrade.com/assets/images/pages/lg/chart-1-27.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://tickertapecdn.tdameritrade.com/assets/images/pages/lg/chart-1-27.jpg" rel="nofollow"><img src="https://tickertapecdn.tdameritrade.com/assets/images/pages/md/chart-1-27.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p><p><br /></p><p><br /></p><p><b>CHART OF THE DAY: GOLD—A BREAKOUT OR DOUBLE TOP? </b>Since gold futures (/GC–candlestick) broke out of its downtrend (yellow line) price continued to move higher until the 1580 level. It almost looked like it would reverse from there but instead it hesitated and then started moving back up toward 1580. It remains to be seen if price will break above this level or if it’s going to act as a resistance level again. Chart source: The <a href="https://www.thinkorswim.com/t/innovation.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.thinkorswim.com/t/innovation.html" rel="nofollow">thinkorswim® platform from TD Ameritrade</a>.[/QUOTE]</p><p><br /></p>
[QUOTE="Dynoking, post: 4028715, member: 81795"]Is it time to be bullish or bearish? [URL='https://tickertapecdn.tdameritrade.com/assets/images/pages/lg/chart-1-27.jpg'][IMG]https://tickertapecdn.tdameritrade.com/assets/images/pages/md/chart-1-27.jpg[/IMG][/URL] [B]CHART OF THE DAY: GOLD—A BREAKOUT OR DOUBLE TOP? [/B]Since gold futures (/GC–candlestick) broke out of its downtrend (yellow line) price continued to move higher until the 1580 level. It almost looked like it would reverse from there but instead it hesitated and then started moving back up toward 1580. It remains to be seen if price will break above this level or if it’s going to act as a resistance level again. Chart source: The [URL='https://www.thinkorswim.com/t/innovation.html']thinkorswim® platform from TD Ameritrade[/URL].[/QUOTE]
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