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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Decorating the tree

Decorating the tree

ECONOMIC EVENTS

 UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...

***2024***
* Wed. Dec. 18 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference

*** CLICK HERE for link to Economic Calendars for all upcoming events.

Tuesday, December 21, 2021

GOLD Poised For A Breakout

* See UPDATE below...

GOLD is poised for a breakout and a retest of 2,000, or higher, as shown on the following monthly chart.

Major resistance is around 1,850 and major support around 1,750.

The William's Alligator is flat on the daily and weekly charts, so watch for a curl and hold up or down in the days and weeks ahead to, first forecast, then confirm, a breakout in either direction.


* UPDATE December 28...

Another perspective on GOLD's prospects...

Source: ZeroHedge

ZeroHedge excerpt


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