GOLD 0.51% $1,391.7 gold futures

The US$1238.50 looks like a good point of reversal from the...

  1. JFI
    6,837 Posts.
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    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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