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0.51% $1,391.7 gold futures

$1200 shaping up as a key inflection point

  1. xerxes_ph
    9,081 Posts.
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    09/07/10
    17:32
    Post #: 6888044
    Let's hope the POG can make a N.Y. close tonight solidly above $1200 to steady the ship for robust consolidation prior to the next advance.

    An end of week close sub $1200 could indicate some more (temporary) downside and test the patience of the more skittish goldbugs.

    So .... all eyes on the spot price in N.Y. tonight.
    Value at posting: $0.00
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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