{"id":934,"date":"2011-09-22T06:32:00","date_gmt":"2011-09-22T10:32:00","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=934"},"modified":"2011-09-22T06:32:00","modified_gmt":"2011-09-22T10:32:00","slug":"gold-tests-key-support-level-at-1750ounce","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/gold-tests-key-support-level-at-1750ounce\/","title":{"rendered":"Gold tests key support level at $1750\/ounce"},"content":{"rendered":"

Buyers appear to be losing interest and spot gold is headed for a test of the key $1750 support level. Failure would complete a double top<\/a>, warning of a correction to $1500\/$1600* (depending on whether you take the base as $1700 or $1750). Respect would indicate another test of $1900.<\/p>\n

\"Spot<\/p>\n

* Target calculation: 1900 + (1900 \u2013 1750 ) = 2050 and 1750 \u2013 (1900 \u2013 1750 ) = 1600<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers appear to be losing interest and spot gold is headed for a test of the key $1750 support level. Failure would complete a double top, warning of a correction to $1500\/$1600* (depending on whether you take the base as $1700 or $1750). Respect would indicate another test of $1900. * Target calculation: 1900 + … <\/p>\n

Continue reading “Gold tests key support level at $1750\/ounce”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[1091,1578,3204,3302],"class_list":["post-934","post","type-post","status-publish","format-standard","hentry","category-gold-commodities","tag-double-top","tag-gold-2","tag-spot-gold","tag-support-correction"],"yoast_head":"\nGold tests key support level at $1750\/ounce - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold tests key support level at $1750\/ounce - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Buyers appear to be losing interest and spot gold is headed for a test of the key $1750 support level. 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Respect of support at 1750 would indicate another test of $1900; confirmed if spot recovers above $1830.\u00a0 The pattern remains bullish at present, but breakout below\u2026","rel":"","context":"In "Gold & Commodities"","block_context":{"text":"Gold & Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":863,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/20\/gold-finds-support-2\/","url_meta":{"origin":934,"position":1},"title":"Gold finds support","author":"ColinTwiggs","date":"September 20, 2011","format":false,"excerpt":"Spot gold penetrated short-term support at $1800\/ounce and is testing the medium-term level at $1750. Compare the two declines in the current triangle\/consolidation, however, and buying pressure (accumulation) is evident. It took two days for price to fall to $1750 during August, with two strong red candles one below the\u2026","rel":"","context":"In "Gold & Commodities"","block_context":{"text":"Gold & Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":961,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/23\/gold-falls-hard-not-my-best-call\/","url_meta":{"origin":934,"position":2},"title":"Gold falls hard — not my best call","author":"ColinTwiggs","date":"September 23, 2011","format":false,"excerpt":"Spot gold broke support at $1700\/ounce, falling hard to $1650. The calculated target is $1600* or $1500 depending on whether you take the base of the double top as $1750 or $1700. * Target calculation: 1750 - ( 1900 - 1750 ) = 1600 When you look at the trend\u2026","rel":"","context":"In "Gold & Commodities"","block_context":{"text":"Gold & Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1063,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/28\/gold-and-crude-suffer-from-strong-dollar\/","url_meta":{"origin":934,"position":3},"title":"Gold and crude suffer from strong dollar","author":"ColinTwiggs","date":"September 28, 2011","format":false,"excerpt":"Spot Gold is testing support at its initial target of $1600\/ounce. The long tail is evidence of buying support, but failure would test $1500. The primary trend direction remains up and, despite gold experiencing a strong correction, is unlikely to change. * Target calculation: 1750 - ( 1900 - 1750\u2026","rel":"","context":"In "Gold & Commodities"","block_context":{"text":"Gold & Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1840,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/10\/gold-falters-on-dollar-surge\/","url_meta":{"origin":934,"position":4},"title":"Gold falters on dollar surge","author":"ColinTwiggs","date":"November 10, 2011","format":false,"excerpt":"Spot gold is testing short-term support at $1750\/ounce as the greenback strengthens. Breach of the rising trendline would suggest that the advance is losing momentum -- and breakout below $1700 would signal another test of primary support at $1600. Respect of $1700 is less likely, but would signal an advance\u2026","rel":"","context":"In "Gold & Commodities"","block_context":{"text":"Gold & Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":568,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/01\/gold-miners-threaten-breakout\/","url_meta":{"origin":934,"position":5},"title":"Gold miners threaten breakout","author":"ColinTwiggs","date":"September 1, 2011","format":false,"excerpt":"The Gold Bugs Index, representing unhedged gold miners, threatens to break through resistance at 600 which would signal an advance to 700*. Upward breakout would negate the earlier bear signal from penetration of the rising trendline -- as well as strengthening prospects of a further advance in the spot price.\u2026","rel":"","context":"In "Gold & Commodities"","block_context":{"text":"Gold & Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=934"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/934\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}