RSG 1.97% 77.5¢ resolute mining limited

$1 dollar club, page-214

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    Gold futures are set to stage a bullish breakout, based on the daily chart. After extending upside movements on Friday to close at $2,473.40/oz, gold futures are poised to break beyond resistance at $2,477.00/oz. The latest bullish price action, together with a rising relative strength index, suggest upward momentum is picking up and this momentum should propel futures to stage a bullish breakout. Should this occur, gold futures may extend their uptrend toward higher resistance at $2,600/oz.

 
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