Gold Target for Week of June 29 @ @ Stock Picks and Company Reviews - ChurnStock Picks and Company Reviews – Churn

Gold Target for Week of June 29

Posted on June 28th, 2009 Chris P. 2 comments

Signal: Neutral Buy

Buy: $936 | Stop: $931 | Target: $947

Gold seems to be in a short term up trend right now and the dollar seems to be stretched out. I don’t think we are going to see $930 this week, if we do, my analysis is way off. My weekly target is $947, but if we can break that $950 mark I’m going to make a strong buy signal and reset my target to $985. Happy trading everyone!

Commodities, Weekly Gold Target GLD, gold
2 responses to “Gold Target for Week of June 29”
1. troy June 29th, 2009 at 17:12
  
  agreed. i think we rise until 3rd week of july (armstrong turns there) and then sell off into may. main market following metals. fwiw, dydd this is all imaginary.
  
  -keep up the blog, i like it.
2. derekpm July 12th, 2009 at 12:50
  
  Rather interesting. Has few times re-read for this purpose to remember. Thanks for interesting article. Waiting for trackback
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