Sunday, 30 March 2014

Gold triggers Weekly Sell


DAX and FTSE joined the US markets showing strength. 


SP500 needs to close above 1880 this week for the Bulls.
Bears will be looking for a move and close below 1850.

FTSE  needs to close above 6650 for the Bulls.
Bears will look to test 6400 in April..



Gold sold off following Fed minutes on 19 March.
Look for Gold to trade between $1275-$1325 this week.

Sector Fund Price Daily
Stop
Weekly
Stop
Target When
USASP500 1857 1866 1850 1880 04 Apr
UKFTSE 6615 6560 6520 6800 11 Apr
EuropeDAX 9587 9400 9200 9800 11 Apr
JapanN225 14696 14500 14250 15250 11 Apr
CommGold 1295 1320 1335 1200 11 Apr

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