The US$1238.50 looks like a good point of reversal from the recent pull back from the US$1260 region of the last few days. I still contend that we are going to move above the US$1260 region imminently. The little reversal isn't weak at all but pretty bullish as I see it. Healthy enough.
Targeting US$1260-1270 Gold
Targeting US$19.35-19.65 Silver
US Dollar Index Sub 99.50
USD JPY 110 handle
The move beyond the 'noise' at US$1260 border is going to end soon with it being passed once and for all properly.
JFI
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