Post by
ERTguy on Feb 29, 2016 8:49pm
Gold breaking resistence at 1240.
Just watched it briefly gap down to 1238 followed by heavy buying in the commodity. Gold now sits at 1247 with 1240 forming the new support level. Glad I initiated a position here today. IMO if this breaks 1.20 we'll see 1.30-1.40 near term and who know what will happen pending financials. Cheers