Technical Analysis Trading Gold, Trading Silver/ analysis By Bill Downey providing key turning points & charts for investors and speculators in Precious Metals Trading, and Precious Metals Markets
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Identifying Optimum Trends and Turning Points of the
21st Century Gold Market
Gold resistance Monday 1205-1215
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Gold Weekly Posted for Sunday; Gold Daily and Silver Reports for Monday.
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Here is the most important chart on earth and the real reason why the Fed is afraid to raise rates. We get above the little back trend line above that major red one and the TREND OF THE USD on a long term basis flips from DOWN to UP. As you know we turned bullish on the USD in May of 2014 just under 79. While we are not ready to say it’s over