Premium CL 09.26.13
The fact that price has taken the stairs on the way down, banging its head off each round number along the way, is bearish. But we are now at a critical juncture in the chart — 102 support. This is a make or break level, as the resulting move could push price $3 either way.
Premium Market Wrap 09.12.13
On September 11 I wrote, “if Gold gets a breakout from the current range, look for price to not only trade a range that equals its average of 26 points, …
Premium Market Wrap 08.29.13
Match. Set. Point! The 110.07 level I offered in the pre-market report turned out to be the high of the day, and price sold off heavily into my 108.88 target before finding the day’s low at 108.40. Again, it really goes to prove that the professional price levels that floor traders and other pro traders use are oftentimes the only levels you need on your charts.