Chart of the Week - Gold revisited

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

The chart shown Below is a daily chart of the August Gold Futures. Last week, my “Chart of the Week” submission highlighted the potential targets for Gold if it were to rally in the near future.  While my idea was technically sound, I admit to missing the fundamental driver behind Fridays move higher. I thought it would be best to discuss Gold again this week. Continue reading "Chart of the Week - Gold revisited"

Chart of the week - Gold

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

There is an old saying in our business that keeps market bulls on edge every year in the late Spring months.

“Sell in May, and go away” has no doubt lived up to its expectations this year and has left traders battered Continue reading "Chart of the week - Gold"