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  • Gold Target for Week of September 21st

    Posted on September 21st, 2009 No comments

    Buy: $1002 | Stop: $995 | Target: $1035 | Quick Target: $1018

    Well it looks like gold is tightening up and ready to make a break lower or a break higher. Most of my expertise points towards a break to the upside once gold touches the $1000 mark. Although, if Monday stays in the negative territory and stochastics start falling downwards, we should see gold fall through $990-95 and thats where I will take all my bets off the table. For now, $1000 is a great buying opportunity and until we break below $990-95 I’m still a bull and I’m still buying! Happy trading everyone!

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