Jesse’s Café Américain: Gold supported at the 150 day moving average

Jesse has found a pretty nifty correlation on the gold chart. Check out the 2nd chart and how price has found support at the 150 day moving average over the last 2 years since February 2010.

Gold’s 150 Day Moving Average

This is a delivery month.

The Fed will be giving its last rate decision for the year tomorrow.

This is one of the most active weeks for stock IPOs of the year.

 

Posted by Jesse at 2:08 PM

 

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