Congrats. to those that purchased gold today!!!, page-3

  1. 1,816 Posts.
    Mick

    It could go any way- agreed.

    ... however, after waking up this morning and seeing the Dow up almost 200 points, i was expecting POG below $305.

    It's held and consolidated short term at $307, which i'm interpreting as quite bullish.

    Looking at the weekly chart of POG, you'll notice a couple of hammers within the range of 307-313... again bullish.

    A test of 300, however, is always a possibility, esp. if the Dow rallies above 10,600 over the next couple of weeks...however, i rate this as a slim chance of occurring.
 
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