-Gold remains the strongest of the five intermarket securities
-The Dollar is at it again with a RSI divergence and harami on Thur-Friday
-Broken resistance around 1070 turns into first support for gold
-Oil formed a bull flag over the last few weeks
-Bonds continue to hold support
- Click here for annotated charts with comments
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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