Dominate Your Market
by Jim Wyckoff
The Comex gold futures market has made a solid rebound from the early-November low and bulls are working on a price uptrend on the daily bar chart. A move in February gold futures above chart resistance at the November high of $1,806.00 would likely set off buy stop orders and give the bulls more power to suggest a significant leg up in prices in the near term. My bias is that gold prices will soon take out that November high.
Stay tuned! Jim Wyckoff
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