Gold at Record, Make or Break

July 13th, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument.

Update: Pivot Established Above Previous Record High

Intraday support at $1577.46, above previous record high of 1575.41. Bullish.

Spot Gold, 30 Minute Interval

Spot Gold, 30 Minute Interval

—End Update—

It’s trying to break out. Immediate term, beware of a double top off the May 2 high.

Spot Gold, Daily Interval

Spot Gold, Daily Interval

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