Gold Analysis

Gold, precious metal technical analysis. At Trading Room we provide frequent gold analysis and chart patterns, and trade the commodity ourselves.

Here are the charts and our commentary for the precious metal:

GOLD - Weekly Chart
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GOLD short still in effect. Looking good

The GOLD short is still in effect and looking good. It looks like the is short turning lower. Any pullbacks and we will be adding to the short position...
GOLD - Daily Chart
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GOLD - a new short at a pullback to resistance

We shorted GOLD again today at trendline resistance (before the stick turned red as seen in the daily chart below) Here's the chart for the precious metal...
GOLD - Daily Chart
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GOLD - we're taking profits on our GOLD short

GOLD - we're profits out our GOLD short💰 now as the MA's have crossed positively. It was initiated at the blue hashed line as denoted on...
GOLD - Daily Chart
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Gold over the daily trendline but...

Gold over the trendline but still under the long term line which means that the precious metal could run into selling pressure...
GOLD Weekly Chart
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GOLD a pickup in GOLD trading activity.

Will the downward trendline be tested soon? Long term gold is still under major resistance...
GOLD Metal Commodity Weekly Chart

GOLD - under long term resistance and prone to sell offs.

GOLD - a pickup in GOLD trading activity, but still under long term resistance and prone to sell offs. We like having the long term...
GOLD Metal Commodity Weekly Chart

GOLD - Still basing and under resistance.

The precious metal is still basing and under long term resistance. We're watching it and when it's ready to breakout we'll have it here. There could be...

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