By Jamie Saettele, CMT | DailyFX – Tue, Jul 31, 2012 3:37 AM SGTDaily Bars
Prepared by Jamie Saettele, CMT
Gold has cleanly broken through its triangle pattern. I had pegged the action in recent months as a bearish triangle but was proven wrong today with the move above the resistance line and 7/3 high. One must respect the bullish break and respect potential for a move back towards (not necessarily above) the 2012 high of 1790.55. The February low is of interest just above 1700.
LEVELS: 1592 1600 1610 1641 1672 1705
| Symbol | Price | Change | % Chg |
|---|
| Name | Price | Change | % Chg | |
|---|---|---|---|---|
| 1,366.20 | -1.20 | -0.09% |
| |
| 22.07 | -0.40 | -1.79% |
| |
| 101.30 | 1.08 | +1.07% |
| |
| 3.32 | -0.06 | -1.83% |
| |
| 93.68 | -0.60 | -0.64% |
|
| Treasury | Yield (%) | Yield Change | |
|---|---|---|---|
| 0.89 | 0.06 |
| |
| 2.03 | 0.08 |
| |
| 3.21 | 0.06 |
|
| Name | Price | Change | % Chg | |
|---|---|---|---|---|
| 0.196 | -0.00 | -0.51% |
| |
| 0.182 | -0.00 | -1.62% |
| |
| 0.106 | -0.00 | -2.75% |
| |
| 0.505 | -0.01 | -1.94% |
| |
| 0.70 | 0.00 | +0.00% |
|
| Name | Price | Change | % Chg | |
|---|---|---|---|---|
| 0.165 | 0.00 | +0.00% |
| |
| 0.735 | -0.01 | -1.34% |
| |
| 0.365 | 0.00 | +0.00% |
| |
| 1.596 | 0.00 | +0.00% |
| |
| 0.275 | 0.00 | +0.00% |
|
| Name | Price | Change | % Chg | |
|---|---|---|---|---|
| 0.182 | -0.00 | -1.62% |
| |
| 0.23 | 0.00 | +0.00% |
| |
| 0.125 | 0.00 | +0.00% |
| |
| 0.105 | 0.00 | +0.00% |
| |
| 0.665 | 0.00 | +0.00% |
|
