GREY:MPRXF - Post by User
Comment by
hrattleon Feb 15, 2013 10:32am
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Post# 20994982
POG retracing ...
POG retracing ... It took a little longer than I expected. The key level now is $1600/oz (actually $1598/oz) - if that holds as most expect then we bounce back to the $1660/oz level for a few more gyrations. If it fails then strong resistence is at the $1550/oz level - very unlikely to shoot straight through that but if it is tested then reducing gold exposure makes sense.