Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Anticipated Upside Breakout for Gold

All the action in the SPDR Gold Shares (NYSE: GLD) since about mid-December has the look of a corrective-rounded accumulation pattern that now is heading for a confrontation with a resistance plateau between 113.60 and 114.20 – which if hurdled and sustained should trigger upside follow-through that revisits the Dec 3 all-time high at 119.54. At this juncture, only a decline that breaks 110.50 will compromise the timing of the anticipated upside breakout.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!