The Friday Gold Outlook

By Chris Kimble of Kimble Charting Solutions
February 5, 2013

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Gold finds itself at a very important test of support at (1) in the chart above at the top of its falling channel. A break of this support line could bring in a new round of selling pressure for Gold and other precious metals!

The Power of the Pattern suggested to get off the "Crowded Gold Train" at $1,900 per ounce.


Joe Friday: "Multiple support points come into play at the $1,300 level for Gold at (2)."

 

 

If you would like to know our thoughts on Silver that we shared with members recently, click on the box below or send an email to services@kimblechartingsolutions.com and we will send you a complimentary report that includes our thoughts on Silver

 

 

 

 

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