Although we holders have been pleased with the POG rally over the past week with a rise of around US$45 this only puts us back to where we were earlier in the month and well shy of the high for 2015 of a tad over US$1300 on 22nd. Jan. POG as at the time of this posting - US$1193.50. It would be nice to see that US$1300 figure again in the very near future. So the rise this past week has been excellent but in the overall scheme of things somewhat modest. Plenty of room up top yet (IMHO). I am not a TA person, however, perhaps someone can put forward some TA based projections on where we might see POG through 2015.
Is gold heading for a new 2015 high?
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