BAR Interesting..., page-1066

Gold’s rally this month broke it out of a three-year-old downward trend and pushed it above the first standard deviation line of its five-year average for the first time since June. By breaching those two levels, considered resistance points by technical analysts, the metal’s price of just over $1,200 an ounce now is testing another -- the 23.6 percent Fibonacci line of about $1,250. If it breaks through that barrier, the next targets would be the 38.2 percent Fibonacci line of $1,375 and the $1,410 five-year average.

Fyi.. Gold briefly broke $1,250 last night.. SO..

dyor.. glta.. Think gold and bet the Bar.. I did.