Disclaimer: The content posted in this blog is for informational purposes only and it should not be taken as an endorsement or solicitation to buy/sell the aforementioned issues. The information posted here is obtained through personal research and analysis, reserving the right to change them anytime. Investing in the money markets is accompanied by substantial risks to one's capital.
Monday, February 21, 2011
Gold (EOD)
Looks like gold is poised to move up again. Pullbacks to the 50EMA is a buy.
No price projections for gold except the recent high of 1430 which provides a possible upside of 3.10% from the previous close.
MACD is forming lower highs and lower lows. Has gold already ran its course already?
No idea, just trying my TA on GOLD.
Labels:
GOLD
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