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Gold Trying out May just 2013 Low 


eliottWaves_gold_body_Picture_3.png, Gold Testing May 2013 Low

Chart Ready with the aid of Jamie Saettele, CMT the use of Marketscope 2.0

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-Monday may represent a final push before a larger pullback towards former resistance at 1279. The current level is defined by channel resistance, former trendline support, and the May 2013 low.

-The next major resistance is probably the October high at 1362. This level intersects the line that extends off of the October and November 2012 highs in early March (next week).

LEVELS: 1296 1307 1325

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