Gold Today February 18th, 2016

QUESTION: Mr. Armstrong, your opening number for gold was 1199.50. Since it opened above and has rallied, is there a point above where it now must exceed to resume an uptrend?

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ANSWER: Yes. That number is 1237.00-1238.50. If we can close above that area then gold is still in a bullish posture. Close beneath that level today and it moves into neutral position.

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Gold Today February 18th, 2016

Latest Posts

Volcanoes & the Future

American’s Support for Israel Wanes

US Deficit Surpassed $1 Trillion in February

Canada to Take Over for USAID?

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