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$1,391.7 gold futures

Hi sorry I don't understand. Seem like pog is up this morning...

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Manidyon

752 Posts.

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26/07/16

10:18

Post #: 18365395
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Originally posted by slange ↑

Usual games overnight without anything serious.
Looks like they are probing to see where serious resistance is.
Looks to be in the 1310 to 1313 level then 1306 then 1300.
I think an attack of power is coming tonight.
Of a little bit more concern is the drop in US gold stocks which dropped heavily on the open and stayed down all day.
Another bad night tonight might be problematic for the next few weeks unless the Fed is super dovish,which to my way of thinking is unlikely.
Next target time for the games is 10am AEST although there is not a great deal of room between where gold is now and serious resistance.

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Hi sorry I don't understand. Seem like pog is up this morning but stocks down? Thanks
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0 Great analysis

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