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.

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