Socrates on Gold
By GCRU Gold News on Friday, September 9 2016, 02:20 - Permalink
AS OF THE CLOSE OF Tue. Sep. 6, 2016: We should see a trend change come September in NY Gold Nearest Futures so pay attention to events ahead. Last month produced a low at 130690 and so far we are trading neutral within last month’s trading range of 136970 to 130690. We need to breakout of this range to confirm the direction. Therefore, a close above will be bullish and a close below will warn of a possible decline.