We posted some pivots a few days back and today you see how those pivots play out... Once a major pivot goes you move up a lot and that is exactly what Gold has done now having already broke thru $2200.. TUD please do not put egg on my face if Gold gets to $2300 and you are still sitting on your backside!! This is getting embarrasing lol....
From a monthly technical viewpoint, all Pivots have now been taken out.. That is Crazy Bullish !! From a weekly standpoint, the last resistance point was $2203, and it pushed right up to it... Will we see $2443 or $2667 this year ?? When Gold gets fairly priced, $10000 is in the cards .. One has to think we get some mojo eventually!!
Pivot Points
Classic | 1917.94 | 1952.57 | 2003.64 | 2038.27 | 2089.34 | 2123.97 | 2175.04 |
Fibonacci | 1952.57 | 1985.31 | 2005.53 | 2038.27 | 2071.01 | 2091.23 | 2123.97 |
Camarilla | 2031.13 | 2038.99 | 2046.84 | 2038.27 | 2062.56 | 2070.41 | 2078.27 |
Woodie's | 1926.14 | 1956.67 | 2011.84 | 2042.37 | 2097.54 | 2128.07 | 2183.24 |
DeMark's | - | - | 2020.95 | 2046.92 | 2106.65 |