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Politics : Technical Analysis

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To: The1Stockman who wrote (14059)1/3/2014 2:36:50 PM
From: Robov  Read Replies (1) of 14245
 
There keeping a very tight lid on gold. Both attempts on the hourly at a break through 1240 were knocked back down with the second attempt hammered back down instantly. You mentioned a close above the days high at 1238.50 being significant and that seems to be where the battle is right now. IMO gold wants to go higher but isn't being allowed. I am frankly quite surprised to see them allow 2 days in a row of more than 1% gains. Although the day is far from done.
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