Friday, February 19, 2016 9:05:19 AM
(CHART) Gold trading very nicely today, again!
Love how gold tested 1220 overnight and broke out once it crossed above VWAP this morning. The economic data out at 8:30AM was an opportunity to sucker some sellers/shorts with a false breakdown and bounce the VWAP once again.
"good" inflation numbers this morning will throw a wet blanket on anyone hoping/praying for more QE from the Fed, including the Fed itself, lol
Looks like it's set to trade sideways or rise today. Crude oil tumbling back to Earth will bring the market down with it, which helps us. Could be a fun day ahead for Banro!
BAA
Love how gold tested 1220 overnight and broke out once it crossed above VWAP this morning. The economic data out at 8:30AM was an opportunity to sucker some sellers/shorts with a false breakdown and bounce the VWAP once again.
"good" inflation numbers this morning will throw a wet blanket on anyone hoping/praying for more QE from the Fed, including the Fed itself, lol
Looks like it's set to trade sideways or rise today. Crude oil tumbling back to Earth will bring the market down with it, which helps us. Could be a fun day ahead for Banro!
BAA
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