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0.51% $1,391.7 gold futures

I think this will be gold's best attempt at taking out the 1033...

  1. robbbbbbb
    9,861 Posts.
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    17/08/09
    14:34
    Post #: 5517750
    I think this will be gold's best attempt at taking out the 1033 high from 2008.
    As you can see that the price is being support ed by 41EMA and now approaching resistance line again, and given where markets are at, its quite possible. Only problemo will be if the USD plays against such a move.
    I have take P1 in NCM with a short term focus and looking to hold longer term if gold plays its part in the puzzle.


    Regards
    Rob

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    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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