Explor Resources Inc New EXSFF

100, 200, 300, 400 Lines Broken

[Wolfin13]

Today Gold closed at $1189 and since the breakout point of February 2-3, 2016 notice how the overhead resistance lines keep breaking one after the next. First the 50-day broke, next the 100-day, then the 200-day, following by the 300-day and lastly the 400-day just broke and all within one (1) week… WOW! Notice the PINK line (200-day) has served as a TOP or resistance point in all past price rallies causing a price reversal? Well not this time! 

Only two (2) lines remain, the 500-day at $1205 and the 600-day at $1216. 

When Gold breaks $1216 look out; ‘nothing but blue skies and clear sailing ahead’, as the saying goes

[heystupid]

This post has been removed in accordance with Community Policy

[catso123]

Not so fast.  Tahoe will have a hard time If gold breaks 1215.00 Imho.  

[colt45acp]

If you look at the chart on EXS. thier is not much resistance from .17 to .50 , any good news and gold going higher and staying above 1240 for any length of time will get real interesting. jmo. 

[Wolfin13]

Well well well we did break through the "the 500-day at $1205" "Only two (2) lines remain, the 500-day at $1205 and the 600-day at $1216.  When Gold breaks $1216 look out; ‘nothing but blue skies and clear sailing ahead’, as the saying goes" Tomorrow will be a very interesting Gold day especially if it runs higher.... GLTA

[Wolfin13]

Gold closed higher today suggesting that we should press higher probably into Friday. Our opening pivot point in 1207.57 which is still well above the closing warning that the upside is still in play. Technically, resistance starts at the 1226 area. If we can achieve a closing above the 1209 level on Friday, then we can see an extreme short-cover rally into the 1300 area. A month-end closing

[colt45acp]

Well gold broke 1216, lets see what happens. It's just a matter of time. jmo.

[Wolfin13]

It also broke through the major resistance line at 1226.00 which is another feather in the Gold Bull cap.......it needs to close over 1226.00 at Fridays close which will confirm a higher leg up in Gold... GLTA

[colt45acp]

Well 1240 gold level broken. Lets see if we can stay above that level for a while. We must be getting close for the shorts to have to cover. Then upppppppppppppppppp. jmo. 

[Wolfin13]

Gold has surged over 3% today on increased safe haven demand as stocks and in particular bank stocks see sharp falls. German shares have nose dived again and German colossus Deutsche Bank has fallen over 8%. Futures – 1 Day Relative Performance – Finviz.com A host of negative factors sent investors fleeing riskier assets. Oil prices slid on inventory data and on concerns about