Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Higher on the Week
By: Chris Mullen, Gold-Seeker.com

Ira Epstein's Metals Video 6 23 2017
By: Ira Epstein

COT Gold, Silver and US Dollar Index Report - June 23, 2017
By: GoldSeek.com

Gold Summer Doldrums
By: Adam Hamilton, Zeal Intelligence

Jim Rickards Exclusive: Dollar May Become “Local Currency of the U.S.” Only
By: Mike Gleason

Proof That This Economic recovery narrative is false
By: Sol Palha

Blow off Top: Could It Happen?
By: David Chapman

EUR/JPY Exchange Rate and Gold
By: Arkadiusz Sieron

GoldSeek Radio Nugget: Bob Hoye and Chris Waltzek
By: radio.GoldSeek.com

All Roads Lead to the Bubble-City Danger Zone
By: Gary Christenson

 
Search

GoldSeek Web

 
Some Precise Technical Hurdles for Gold

By: Rick Ackerman, Rick's Picks

 -- Published: Monday, 17 April 2017 | Print  | Disqus 

https://www.rickackerman.com/wp-content/uploads/2017/04/June-Gold-will-face-a-gauntlet.png

June Gold ended the week consolidating for a likely push to a minor rally target at 1303.00. An equally compelling pattern of somewhat larger degree targets 1305.70, so you should be prepared for stall at one number or the other. As always, if a Hidden Pivot as clear as either of these two gives way easily, that would imply there’s unspent buying power to reach still higher levels. Keep in mind as well that the 1464.90 target of a far larger pattern dating back to November 2015 will continue to color our trading bias a bullish shade of green.  It is tied to a 1297.50 major midpoint resistance that could also be an obstacle to any rally in the week ahead. Once the futures have pushed decisively above this number, however, it will eventually become useful for purposes of setting up a bullish, long-term ‘mechanical’ trade with entry risk very tightly controlled. If you don’t subscribe but would like to join great traders from around the world in the chat room, click here for a free two-week trial subscription. You’ll also receive actionable trading ‘touts’ and invitations to frequent ‘impromptu’ sessions where Rick ‘takes requests'.


| Digg This Article
 -- Published: Monday, 17 April 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.