So in the gold market, we have not succeeded so far in getting back to the 18-week average of closes, therefore the bias of the market remains up until you're back. Under that, we've had a rally that again, I pointed out to you all week, that you came back and you challenged the old high back here.
When we look at the swing line, the pattern is up with higher lows and higher highs, at this point, the market is holding over the $2351 level, which is the current 18-day average of closes. So, at this point, what I have is the trend up via the swing line and the bias up so that's bullish.
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LINN & Associates
Over the past 35-years Ira Epstein has developed a reputation for providing clients with easy to use technology and teaching good old fashioned trading know-how. A number of our brokers have over 30-years trading experience. No matter how technology changes the methods of entering orders, there's no replacement for having "been there and done that before". It's the blend of services that brings things together.
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Ira began in the futures markets in 1969. Over the years he worked his way up, starting from the ground up as a "floor runner" culminating with his becoming a Floor Trader. In the mid 1970s Ira decided to make a career shift within the industry to develop both retail and commercial based clientele. His customer base grew to the point whereby in 1984 he founded "Ira Epstein & Company", a trading firm specializing in retail, commercial and self-directed discount futures trading. Along the way Ira became a leader in trading technology out of necessity, due to increased small lot trade volume. He was among the first to embrace the Internet, which as you know has dramatically changed both the way information is delivered and how trading takes place today.
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