KirkLindstrom.com - Articles 2015 - Gold and GLD Resistance and Support Levels - Three Key Charts to Watch
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                Windsurfing at Palo Alto in SF Bay in May 2009  Gold and GLD Resistance & Support
 
Resistance & Support Levels for the price of gold and GLD.
Kirk                Windsurfing at Coyote Point November 2009
Kirk                Windsurfing at Coyote Point November 2009
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Quotes and Charts for Gold & GLD (the ETF for Gold)
 


March 10, 2015
Resistance and Support Levels for the price of gold and its ETF GLD.   Gold may be bottoming at a support line I pointed out in my January 2014 article.  Feel free to voice your opinion at my Facebook group.
  1. Gold and GLD prices from 2007 to Today:  Gold closed today at $1,160.10 per ounce. The price of gold remains in a downtrend until it makes a higher low.  This can happen if Gold holds $1,130.40.

  2. Gold and GLD prices from 2000 to Today:  This chart shows the major support line for gold that I drew last year here when gold was trading at 1236.40 per ounce.  I wrote:

  3. The PNF (Point and Figure) chart shows a "Double Bottom Breakdown on March 6, 2015" with a "bearish price objective" of $1,090.

  4. Earlier today I sent a special alert email to my newsletter subscribers with details for a trade.
To get my opinion on where to buy and where to set stop losses for a trade, you can subscribe to my newsletter.

Chart 1
 Resistance & Support Levels for the price of gold and GLD 


Chart 2
Resistance & Support Levels for the price of gold and GLD


Daily point and figure (P&F) pattern for a "Traditional, 3 box reversal chart: 


Point and Figure chart for Gold Price
Quotes and Charts for Gold & GLD (the ETF for Gold)

DOW to Gold Ratio


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