Dominate Your Market
by Jim Wyckoff
See on the daily bar chart for April Comex gold futures that prices have been rising the past couple weeks as bulls are working to restart a price uptrend. A move above the chart resistance line on the chart would give the bulls good power and restart the price uptrend. A drop in prices back below psychological support at $1,800.00 would deflate the bulls and suggest sideways-at-best price action in the near term. Stay tuned—Jim Wyckoff
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