InvestorsHub Logo
Followers 140
Posts 4743
Boards Moderated 2
Alias Born 02/19/2013

Re: 11Olas post# 48292

Friday, 02/19/2016 3:32:48 PM

Friday, February 19, 2016 3:32:48 PM

Post# of 63744
If you ask me, gold will briefly hit 1210 early next week -- barring any significant geopolitical events -- before resuming the upward move. The dang resistance at 1233.1-1233.6 has proven to be one heck of a wall today.

This week's VWAP was 1215 and the mode (most contracts traded) contract price for the week was 1210.

Doesn't mean Banro will go down but it couldn't hurt to let the technicals cool off and the MAs and BBs to play catch-up before we fly.

BAA

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.