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Gold Target for Week of July 27
Posted on July 27th, 2009 1 commentSignal: Strong Buy
Buy: $945 | Stop: $939 | Target: $971
Gold was extremely quiet late last week so I’m looking forward to some action this week. In a positive tone, gold held above $950, giving no way to the lower side. Instead, we saw gold build up around the $950 stage and what I think is creating the scenerio for a gap up to $971-$984 this week or next.
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Gold Target for Week of July 20
Posted on July 20th, 2009 No commentsSignal: Strong Buy
Buy: $945 | Stop: $933 | Target: $981
Finally… I’ve been waiting for gold to break the $950 mark and it will today it seems. Last week we dashed upon an uptrend and we are posed to hit $980. My official target will be $981, its a very high target but I think this might be a large week for Gold. Helping this theory, the dollar is about to crumble. In the short term, $952 is our target, but later this week I’m looking at $981. The last few weeks Gold has been setting up for this big leg up. If everyone listened to me and got in at the early 900′s, you would all be sitting pretty! Enjoy trading everyone!
